Ball Aerospace Joined By Hamilton Sundstrand and Pratt & Whitney Rocketdyne to Pursue Ares I Crew Launch Vehicle Avionics Instru
July 19 2007 - 12:27PM
PR Newswire (US)
HUNTSVILLE, Ala., July 19 /PRNewswire-FirstCall/ -- Ball Aerospace
& Technologies Corp. today announced that Hamilton Sundstrand
and Pratt & Whitney Rocketdyne, Inc., will be the primary
suppliers to Team Ball in its pursuit of a contract for the
Avionics Instrument Unit for the Ares I Crew Launch Vehicle (CLV).
Ares I will launch the Orion Crew Exploration Vehicle (CEV), the
vehicle that will carry the next generation of human explorers into
orbit after the space shuttle is retired in 2010. With 2006
revenues of $5 billion, Hamilton Sundstrand employs approximately
17,500 people worldwide and is headquartered in Windsor Locks,
Conn. Among the world's largest suppliers of technologically
advanced aerospace and industrial products, the company designs,
manufactures and services aerospace systems and provides integrated
system solutions for commercial, regional, corporate and military
aircraft. It also is a major supplier for international space
programs. Hamilton Sundstrand is on the Lockheed Martin Orion team
with responsibility for Power Management and Distribution,
Environmental Control and Life Support Systems and Active Thermal
Control. NASA recently selected Hamilton Sundstrand for the
advanced technology contract related to the Thrust Vector Controls
(TVC) turbine pump assembly for application on the Ares I upper
stage. Pratt & Whitney Rocketdyne, Inc., a part of Pratt &
Whitney, offers a complete line of propulsion products from launch
vehicles to missile defense to advanced hypersonic propulsion.
These have been used in a wide variety of government and commercial
applications, including the main engines for the space shuttle,
Atlas and Delta launch vehicles, and missile defense systems. Pratt
& Whitney is a world leader in the design, manufacture and
service of aircraft engineers, space propulsion systems and
industrial gas turbines. United Technologies, based in Hartford,
Conn., is a diversified company, providing high technology products
and services to the global aerospace and building industries. Pratt
Whitney Rocketdyne is currently supporting the Ares I program for
the liquid-fuel J-2x engine and related interfaces with the main
propulsion system of the Ares I Upper Stage. "Hamilton Sundstrand
and Pratt & Whitney Rocketdyne bring a depth of human-rated
systems engineering talent and manufacturing produceability to the
Ball pursuit to help NASA implement its design requirements of the
Ares I Instrument Unit while at the same time reducing risk," said
Bill Townsend, Ball Aerospace vice president for exploration
systems. Ball Aerospace is well-positioned to support NASA by
offering crucial capabilities and technologies that enable human
exploration and scientific discovery. Ball Aerospace offers decades
of successful mission integration and large-scale subcontract
management experience. The company was the lead mission integrator
for the highly successful Deep Impact mission to encounter Comet
Tempel 1, and is spearheading the development of the James Webb
Space Telescope optical subsystem. The company supports NASA, NOAA,
and the commercial remote-sensing industry with its fully
redundant, BCP-2000 spacecraft line. The company has also designed
and manufactured star trackers, cryogenic storage tanks, and keel
latches for the space shuttle since 1981. Further, with the space
shuttle servicing mission to the Hubble Space Telescope in 2008,
Ball Aerospace will have built all of the operating Hubble
instruments. 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 acts as a technology innovator for the aerospace market. Ball
Corporation (NYSE:BLL) is a supplier of high-quality metal and
plastic packaging products for beverage, food and household
customers, and of aerospace and other technologies and services,
primarily for the U.S. government. Ball Corporation and its
subsidiaries employ more than 15,500 people worldwide and reported
2006 sales of $6.6 billion. 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,
+1-303-533-6059, 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