Ceradyne, Inc. received from the U.S. Army, Aberdeen Proving Ground, Maryland, two ceramic body armour delivery orders in the total amount of $13.3 million.
The orders are for $9.9 million of ESAPI and $3.4 million of ESBI (side plates) to be shipped late in 2006. These new delivery orders will be shipped against larger indefinite delivery/indefinite quantity contracts announced earlier.
Dave Reed, Ceradyne president of North American operations, commented: 'We are pleased that the Army continues to issue ESAPI and ESBI orders to our Company. Our expanded capacity in Costa Mesa, California, and Lexington, Kentucky, will allow us to meet the Army's quality and delivery requirements. We continue to expect additional orders, including an order later this year for delivery during the balance of 2006 and early 2007'.
Sergyi Way
12.09.2006