A123 Systems (AONE +3.4%) signs a deal to supply lithium ion battery packs for BAE Systems'...

|About: A123 Systems, Inc. (AONEQ)|By:, SA News Editor

A123 Systems (AONE +3.4%) signs a deal to supply lithium ion battery packs for BAE Systems' hybridrive propulsion system for use in city buses. The agreement expands a relationship the companies already have, with A123's packs deployed in HybriDrive systems on nearly 3,000 buses globally. (PR)