Ceradyne, Inc. Receives $122.2M Ceramic Body Orders For U.S. Army

Costa Mesa, CA - Ceradyne, Inc. received two ceramic body armor delivery orders totaling $122.2M from the U.S. Army, Aberdeen Proving Ground, Maryland. The orders are for $57.3 M of ESAPI and $64.9M of ESBI (side plates) to be shipped from December 2006 through March 2007. These new delivery orders will be shipped against larger indefinite delivery/indefinite quantity (ID/IQ) contracts announced earlier, according to the company.

Dave Reed, Ceradyne President North American Operations, commented: "This delivery order may be the largest single order ever received by Ceradyne. We are pleased that the Army continues to issue large ESAPI and ESBI orders to our company. Utilizing both the Lexington, Kentucky facility and our Costa Mesa, California plant, we expect to meet the Army's quality and delivery requirements. We anticipate receiving additional orders late this year or in early 2007 for delivery in 2007."

SOURCE: Ceradyne, Inc.