Ceradyne, Inc. Receives Phase I Award for Next Generation Ceramic Missile Radomes
February 10 2010 - 7:30AM
Business Wire
Ceradyne, Inc. (Nasdaq:CRDN) announced that it has been
awarded a $342,000 research phase I contract by NAVAIR, China Lake,
California, to develop a next-generation high-performance ceramic
missile radome (“nose cone”). The material will be a variation of
Ceradyne’s silicon nitride (Si3N4) advanced ceramic technology.
Ceradyne intends to subcontract certain tasks to the Boeing
Corporation.
Dr. Biljana Mikijelj, Ceradyne R&D Director, is the
principal investigator on this program. Dr. Mikijelj stated, “We
are very pleased to have received this research award in order to
develop next-generation ceramic missile radome materials.
Ceradyne’s Scottdale, Georgia, plant is a dedicated
state-of-the-art production ceramic radome facility producing not
only the ceramic missile radome blank, but the high-precision
diamond-machined finished component.
“Although phase I will be completed in 2010, we anticipate other
phases over a 3-year period will be awarded.”
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 dated December 31,
2008 and its Quarterly Reports on Form 10-Q as filed with the U.S.
Securities and Exchange Commission.
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