ceredyne logo
search search Button
header about header products header materials header investor header news header library header contact us header careers
news
news release
articles
trade show
news releases
Return to News Release Listing

Title:

Ceradyne, Inc. Receives $41.1 Million Ceramic Body Armor Order for U.S. Army
Date: 4/1/2008 12:00:00 AM

 

COSTA MESA, Calif.--April 1, 2008--Ceradyne, Inc. (NASDAQ:CRDN) received a ceramic body armor delivery order for $41.1 million from the U.S. Army, Aberdeen Proving Ground, Maryland. The order is for Enhanced Side Ballistic Inserts (ESBI) which will be delivered from June 2008 through September 2008. This new delivery order will be shipped against an indefinite delivery/indefinite quantity (ID/IQ) contract announced in July 2006 which covers a five-year delivery period.

David P. Reed, Ceradyne President North American Operations, commented: "We are pleased with this recent side plate delivery order which continues to provide future shipment visibility. Based on non-binding discussions with the Army, we believe there will be further delivery orders in the second quarter."

Ceradyne develops, manufactures and markets advanced technical ceramic products and components for defense, industrial, automotive/diesel and commercial applications. Additional information about the Company can be found at www.ceradyne.com.

Except for the historical information contained herein, this press release contains forward-looking statements regarding future events and the future performance of Ceradyne that involve risks and uncertainties that could cause actual results to differ materially from those projected. Words such as "anticipates," "believes," "plans," "expects," "intends," "future," and similar expressions are intended to identify forward-looking statements. These risks and uncertainties are described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2007, and its Quarterly Reports on Form 10-Q, as filed with the U.S. Securities and Exchange Commission.

--30--

CONTACT: Ceradyne, Inc.
Joel P. Moskowitz, Chief Executive Officer
714-549-0421 x8261
or
Silverman Heller Associates
Phil Bourdillon/Gene Heller
310-208-2550

 


Return to News Release Listing

Home | Site Map | Body Armor | Armor Materials | Armor Tiles | Tactical Body Armor | Endoscopic Technologies | Semiconductor Components
Advanced Ceramics | Site Credits | Terms and Conditions Copyright ©2010 ceradyne, inc. all rights reserved