Ceradyne, Inc. Receives $6.0 Million Ceramic Body Armor Order for U.S. Marines
November 07 2005 - 7:30AM
Business Wire
Ceradyne, Inc. (Company) (Nasdaq:CRDN) received a $6.0 million
order for its lightweight ceramic body armor system for the U.S.
Marine Corps. Shipments are expected to commence in December 2005
and be completed in the second quarter 2006. Joel Moskowitz,
Ceradyne chief executive officer, commented: "The increased
capacity being brought on stream in Lexington, Kentucky is
anticipated to allow the Company to not only meet U.S. Army ESAPI
requirements but also various other military ceramic armor systems,
such as the above, which we believe will be coming up." 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 for the fiscal year ended December 31, 2004, and its Quarterly
Report on Form 10-Q for the quarter ended September 30, 2005, as
filed with the U.S. Securities and Exchange Commission.
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