Ball Aerospace Wins $6.5M Contract to Support Air Force Research Laboratory
May 03 2007 - 1:30PM
PR Newswire (US)
ALBUQUERQUE, N.M., May 3 /PRNewswire-FirstCall/ -- Ball Aerospace
& Technologies Corp. has won its fifth consecutive contract to
operate the Infrared Radiation Effects Laboratory (IRREL) at the
Space Vehicles Directorate of the Air Force Research Laboratory
(AFRL/VSSS). Ball's Systems Engineering Solutions (SES) group,
located in Albuquerque, was awarded the five-year contract to
operate the IRREL for AFRL/VSSS from its Albuquerque location. The
IRREL is the Department of Defense's premier national independent
characterization laboratory for focal plane arrays (FPA), and is a
key component in AFRL FPA technology development programs. The
estimated contract amount for the entire five-year period,
beginning May 1, 2007, is $6,440,000. "Since our first contract in
1987, Ball Aerospace has consistently met the AFRL need for
independent characterization of critical technology development
programs," said Fred Doyle, Ball Aerospace's National Defense
Solutions vice president. The IRREL is a key component in AFRL FPA
technology development efforts, and the data and analyses produced
by the IRREL are vitally important. These data are used to
determine the overall performance and radiation hardness of FPAs
used in space-based applications and to provide independent
validation to the AFRL to substantiate performance claims from FPA
manufacturers. In addition to supporting the IRREL at the AFRL,
Ball Aerospace also supports AFRL's Directed Energy Directorate and
Space Technology Division, the National Assessment Group, 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 & Technologies Corp. CONTACT: Roz Brown of Ball
Aerospace & Technologies Corp., +1-303-939-6146, or
+1-303-533-6059,
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