Ceradyne, Inc. Receives $8.3 Million Ceramic Body Armor Order for U.S. Air Force.COSTA MESA Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. , Calif. -- Ceradyne, Inc. (Company) (Nasdaq: CRDN CRDN Certified Restoration Drycleaning Network ) received an order for $8.3 million for its lightweight ceramic armor systems for use by the U.S. Air Force. Shipments are expected to commence in November 2005 and be completed by March 2006. The order was placed by the Defense Supply Center, Philadelphia (DSCP DSCP Defense Supply Center Philadelphia (US DoD) DSCP Differentiated Services Code Point DSCP Diffserv Code Points DSCP Defense Satellite Communications Program DSCP Decision Support and Custormer Platform (Sprint) ), which is part of the Defense Logistics Agency Noun 1. Defense Logistics Agency - a logistics combat support agency in the Department of Defense; provides worldwide support for military missions Defense Department, Department of Defense, DoD, United States Department of Defense, Defense - the federal department . Joel Moskowitz, Ceradyne chief executive officer, commented: "Ceradyne has been working with DSCP for over 5 years and we are very pleased that this order was placed with us by that procurement agency. We anticipate that there will be continuing orders for this type of lightweight ceramic armor system products." 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 news 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. Other risks and uncertainties are described in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended December 31, 2004, and its Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended June 30, 2005, as filed with the U.S. Securities and Exchange Commission. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion