Ball Aerospace Completes OMPS Focal Plane Arrays
March 24 2005 - 3:50PM
PR Newswire (US)
Ball Aerospace Completes OMPS Focal Plane Arrays BOULDER, Colo.,
March 24 /PRNewswire-FirstCall/ -- The most technically challenging
portion of the Ozone Mapping and Profiler Suite (OMPS) -- the focal
planes -- are now complete. Ball Aerospace & Technologies Corp.
has completed environmental and performance testing on three focal
planes for the first OMPS flight unit, also know as the
Proto-Flight Model (PFM). The OMPS PFM Nadir and Limb sensors and
main electronics boxes are also nearing completion of the
integration phase and will be entering test. OMPS is one of more
than a dozen instruments that will fly as part of the National
Polar-orbiting Operational Environmental Satellite System (NPOESS)
-- a program designed to provide the nation with the capability to
measure atmospheric, land and ocean environmental conditions on a
global basis. Ball Aerospace is part of the Northrop Grumman Space
Technology NPOESS team. Northrop Grumman is the NPOESS prime
contractor and has overall responsibility for the program
development effort. OMPS is designed to replace the Solar
Backscatter Ultraviolet Radiometer 2 (SBUV/2), a Ball-built ozone
monitor flown on NOAA weather satellites and providing
uninterrupted global measurements of ozone concentration in the
Earth's stratosphere for more than 12 years. OMPS will provide
parallel functionality to both SBUV/2 and NASA's Total Ozone
Mapping Spectrometer (TOMS), with new and improved environmental
data records. "OMPS represents continuing excellence of Ball
Aerospace ozone monitoring sensors demonstrated by SBUV/2 and SAGE
III," said Mike Cerneck, Vice President and General Manager of Ball
Aerospace Defense Operations. Ball Corporation (NYSE:BLL) is a
supplier of high-quality metal and plastic packaging products to
the beverage and food industries. The company also owns Ball
Aerospace & Technologies Corp., which develops sensors,
spacecraft, systems and components for government and commercial
markets. Ball employs more than 14,000 people worldwide and
reported 2004 sales of $5.4 billion. The company is celebrating its
125th year in 2005. Forward-Looking Statements The information in
this news release contains "forward-looking" statements and other
statements concerning future events and financial performance.
Words such as "expects," "anticipates," "estimates," and variations
of same and similar expressions are intended to identify
forward-looking statements. Forward-looking statements are subject
to risks and uncertainties which could cause actual results to
differ materially from those expressed or implied. The company
undertakes no obligation to publicly update or revise any forward-
looking statements, whether as a result of new information, future
events or otherwise. Key risks and uncertainties are summarized in
the company's filings with the Securities and Exchange Commission,
especially in Exhibit 99.2 in the most recent Form 10-K. These
filings are available at our Web site and at http://www.sec.gov/.
Factors that might affect our packaging segments include
fluctuation in consumer and customer demand; availability and cost
of raw materials, particularly resin, steel, aluminum and energy,
and the ability to pass on to customers changes in these costs;
competitive packaging material availability, pricing and
substitution; changes in climate and weather; fruit, vegetable and
fishing yields; industry productive capacity and competitive
activity; lack of productivity improvement or production cost
reductions; the German mandatory deposit or other restrictive
packaging laws; changes in major customer contracts or loss of a
major customer; international business risks, including foreign
exchange rates, tax rates and activities of foreign subsidiaries;
and the effect of LIFO accounting on earnings. Factors that might
affect aerospace segment include: funding, authorization and
availability of government contracts and the nature and
continuation of those contracts; and technical uncertainty
associated with segment contracts. Factors that could affect the
company as a whole include those listed plus: acquisitions, joint
ventures or divestitures and associated integration activities;
regulatory action or laws including environmental and workplace
safety; governmental investigations; goodwill impairment; antitrust
and other litigation; strikes; boycotts; increases in employee
benefits and labor costs; rates of return projected and earned on
assets of the company's defined benefit retirement plans; reduced
cash flow; interest rates affecting our debt; and changes to
unaudited results due to statutory audits of our financial
statements or internal controls over financial reporting.
DATASOURCE: Ball Aerospace & Technologies Corp. CONTACT:
Jennifer Meyer, +1-303-533-4213, or Sarah Hoyt, +1-303-533-4945,
both of Ball Aerospace & Technologies Corp., Web site:
http://www.ballaerospace.com/
Copyright
Ball (NYSE:BLL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ball (NYSE:BLL)
Historical Stock Chart
From Jul 2023 to Jul 2024