Ball Aerospace Hosts Business Supplier Conference in Huntsville
April 27 2007 - 2:23PM
PR Newswire (US)
HUNTSVILLE, Ala., April 27 /PRNewswire-FirstCall/ -- Ball Aerospace
& Technologies Corp. held a business supplier conference here
on Friday, April 27, to build relationships with potential local
suppliers with applicable capabilities to support the company's
pursuit of the Instrument Unit contract for the Ares I Launch
Vehicle. Since opening its office in February, Ball Aerospace has
relocated 35 employees to Huntsville, including Bill Townsend, vice
president for Exploration Systems. Ball Aerospace is accessing
suppliers for fulfilling future requirements expected from NASA to
support its design, development, and production phases of the Ares
I Instrument Unit. The event created the opportunity for local
suppliers to describe their capabilities to fulfill associated
needs of the Instrument Unit life cycle. The Ares I Crew Launch
Vehicle will launch the Orion Crew Exploration Vehicle, the system
currently being designed to replace the space shuttle after its
retirement in 2010. The day's activities concluded with a
tree-planting ceremony at the Botanical Gardens that included
Huntsville Mayor Loretta Spencer, and President and CEO of Ball
Aerospace, David L. Taylor. With the planting of the Skyrocket
juniper, Taylor said Ball Aerospace was literally "putting down
roots" in Huntsville. "Since opening our office, Ball Aerospace has
received an extremely warm welcome from the gracious and hospitable
Huntsville community," said Taylor. "This week's events provided us
with outstanding opportunities to meet with many of those who will
ultimately support the work necessary for Ball's Ares pursuit,"
said Taylor. Ball Aerospace currently has approximately $24 million
in business in the Huntsville area with suppliers that include
Axsys Technologies, Inc., AZ Technology, SEA Wire & Cable Inc.,
Technical Micronics Control, and the University of Alabama,
Huntsville, and many others. Ball Aerospace 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; changes in foreign exchange rates, tax rates and
activities of foreign subsidiaries; the effect of LIFO accounting
and any changes to such accounting. 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 & Technologies Corp.
CONTACT: Roz Brown of Ball Aerospace & Technologies Corp.,
+1-303-533-6059, or +1-720-934-9980,
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