Ceradyne, Inc. Awarded Contract for Patrol Vessel Armor

Ceradyne, Inc. (Nasdaq: CRDN), in conjunction with Turner Strategic Technologies LLC (“TST”) of Virginia Beach, Virginia, is pleased to announce the award of a contract in an amount estimated between $3.5 million to $6.0 million (range depends on customer exercised options) for the supply and installation of protective armor for the command station of nine new 35-meter patrol vessels being manufactured for the Iraqi Navy by Swiftships of Morgan City, Louisiana.

“We are pleased to be working along side TST and Swiftships on this important project,” said Marc King, President, Ceradyne Armor Systems, Inc, a subsidiary of Ceradyne, Inc. “It gives us the opportunity to demonstrate our expertise in the armoring of small and medium-size naval vessels.”

Ceradyne is providing end-users with state-of-the-art armoring technology capable of protecting the ship’s crew under severe combat conditions. These vessels are being purchased through the US Foreign Military Sales Program and will increase the overall naval capability of the Iraqi Navy.

Brian Parker, Ceradyne’s Program Manager, added, “Most importantly, the crews operating these vessels will have an increased level of survivability if they are forced to engage in combat while on patrol.”

Information about Ceradyne, Inc.

Ceradyne develops, manufactures and markets advanced technical ceramic products and components for defense, industrial, automotive/diesel and commercial applications.

In many high performance applications, products made of advanced technical ceramics meet specifications that similar products made of metals, plastics or traditional ceramics cannot achieve. Advanced technical ceramics can withstand extremely high temperatures, combine hardness with light weight, are highly resistant to corrosion and wear, and often have excellent electrical capabilities, special electronic properties and low friction characteristics. Additional information can be found at the Company’s web site: 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 December 31, 2009, and its Quarterly Reports on Form 10-Q, as filed with the U.S. Securities and Exchange Commission.

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