Ball Aerospace & Technologies Corp. Obtains SEI SW-CMM Level 3 Rating for Software Development Capabilities
June 16 2005 - 4:45PM
PR Newswire (US)
Ball Aerospace & Technologies Corp. Obtains SEI SW-CMM Level 3
Rating for Software Development Capabilities BOULDER, Colo., June
16 /PRNewswire-FirstCall/ -- Ball Aerospace & Technologies
Corp. has received a Software Engineering Institute (SEI) Software
Capability Maturity Model(R) (SW-CMM) Level 3 rating for its
software development capabilities. This rating is a major milestone
for Ball Aerospace in its software process improvement program and
demonstrates Ball's commitment to continuous improvement. This also
affirms a consistent and unified approach in all areas of software
development life cycle, including engineering, project management,
and support activities. "Achieving this milestone attests to the
commitment Ball Aerospace has made to continuous improvement," said
Software Engineering Department Manager Raymond Cooper. The
Software Engineering Institute (SEI) is a federally funded research
and development center sponsored by the U.S. Department of Defense
SEI's objective is to provide leadership in software engineering
and in the transition of new software engineering technology into
practice. The Carnegie Mellon SEI SW-CMM(R) is a model for judging
the maturity of software processes within an organization and for
identifying the key practices that are required to ensure
disciplined software development. The model defines five steps of
process development with level five being the highest achievement.
Ball Corporation (NYSE:BLL) is a supplier of metal and plastic
packaging products, primarily for 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 Corporation employs more
than 13,200 people and reported 2004 sales of $5.4 billion.
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 the recent significant increases in
resin, steel, aluminum and energy costs, and the ability to pass
such increases on to customers; competitive packaging 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 or supplier
contracts or loss of a major customer or supplier; 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; 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 or management's evaluation of the company's
internal control over financial reporting. DATASOURCE: Ball
Aerospace & Technologies Corp. CONTACT: Dave Beachley of Ball
Aerospace & Technologies Corp., +1-303-533-5089, Web site:
http://www.ballaerospace.com/
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