Ball Aerospace Wins $47.5M Services Contract to Support DoD
February 15 2007 - 3:06PM
PR Newswire (US)
ALBUQUERQUE, N.M., Feb. 15 /PRNewswire-FirstCall/ -- Ball Aerospace
and Technologies Corp.'s Systems Engineering Solutions (SES) group
has won its fourth consecutive contract to support the National
Assessment Group's (NAG) mandate to provide low cost, responsive
evaluations to Department of Defense (DoD) programs. The Ball
Aerospace SES office, located in Albuquerque, NM, was awarded the
indefinite delivery/indefinite quantity (IDIQ) task order contract,
for Systems Engineering and Technical Assessment (SETA) support
services to the NAG. The contract has a one-year base period with
four one-year option periods. The estimated contract amount for the
entire five-year period, beginning January 29, 2007, is
$47,429,000. "This is a critical win for the SES group," said Fred
Doyle, National Defense Solutions Vice President. "It demonstrates
continued confidence in SES personnel to meet the critical needs of
the NAG's mission and maintains the long-term relationship between
Ball and NAG established with its inception in 1997." The NAG
provides low cost, rapid, worldwide, comprehensive assessment
support to DoD and other national level agencies as directed by the
Under Secretary of Defense for Acquisition, Technology &
Logistics, with special emphasis on the warfighter's requirements.
Under the contract, Ball Aerospace will facilitate SETA efforts
related to planning, execution, reporting of NAG assessments,
institutional support, and incidental tasks as described in
individual task orders. In addition to supporting the NAG, Ball
Aerospace also supports the Air Force Research Laboratory's
Directed Energy and Space Vehicle Directorates, and Air Force
evaluation activities from its Albuquerque offices. Ball Aerospace
& Technologies Corp. supports critical missions of important
national agencies such as the Department of Defense, NASA, NOAA and
other U.S. government and commercial entities. The company develops
and manufactures spacecraft, advanced instruments and sensors,
components, data exploitation systems and RF solutions for
strategic, tactical and scientific applications. Over the past 50
years, Ball Aerospace has been responsible for numerous
technological and scientific 'firsts' and now acts as a technology
innovator for the aerospace market. Ball Corporation (NYSE:BLL) is
a supplier of high-quality metal and plastic packaging products and
owns Ball Aerospace & Technologies Corp. Ball reported 2006
sales of $6.6 billion and employs 15,500 people. Forward-Looking
Statements This release contains "forward-looking" statements
concerning future events and financial performance. Words such as
"expects," "anticipates," "estimates" and similar expressions are
intended to identify forward-looking statements. Such 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 filings with the Securities and Exchange Commission,
including Exhibit 99.2 in our Form 10-K, which 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 and preferences; availability and cost of raw materials,
including 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; crop yields; industry
productive capacity and competitive activity; failure to achieve
anticipated productivity improvements or production cost
reductions, including those associated with our beverage can end
project; the German mandatory deposit or other restrictive
packaging laws; changes in major customer or supplier contracts or
loss of a major customer or supplier; and changes in foreign
exchange rates, tax rates and activities of foreign subsidiaries.
Factors that might affect our aerospace segment include: funding,
authorization, availability and returns of government and
commercial contracts; and delays, extensions and technical
uncertainties affecting segment contracts. Factors that might
affect the company as a whole include those listed plus: accounting
changes; successful or unsuccessful acquisitions, joint ventures or
divestitures; integration of recently acquired businesses;
regulatory action or laws including tax, environmental and
workplace safety; governmental investigations; technological
developments and innovations; goodwill impairment; antitrust,
patent and other litigation; strikes; labor cost changes; rates of
return projected and earned on assets of the company's defined
benefit retirement plans; pension changes; reduced cash flow;
interest rates affecting our debt; and changes to unaudited results
due to statutory audits or other effects. DATASOURCE: Ball
Aerospace and Technologies Corp. CONTACT: Roz Brown of Ball
Aerospace and Technologies Corp., +1-303-533-6059,
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