Ball Aerospace Presents Proposal for Ares I Crew Launch Vehicle Instrument Unit Avionics
August 28 2007 - 12:15PM
PR Newswire (US)
HUNTSVILLE, Ala., Aug. 28 /PRNewswire-FirstCall/ -- Ball Aerospace
& Technologies Corp., Hamilton Sundstrand, and Pratt &
Whitney Rocketdyne, Inc., (Team Ball) presented an oral summary of
its Ares I Crew Launch Vehicle Instrument Unit Avionics (IUA)
proposal to NASA Marshall Space Flight Center on August 7,
following a July 30 submission of the proposal for cost volume.
During the presentation, Ball Aerospace, the proposed prime
contractor, communicated the integrated approach supported by
Hamilton Sundstrand and Pratt & Whitney Rocketdyne, Inc., both
subsidiaries of United Technologies Corp. (NYSE:UTX), highlighting
the complementary capabilities, system engineering and integration,
innovation, experience and culture that Team Ball offers NASA in
Huntsville on the Ares I Instrument IUA. Team Ball also noted the
major investments made in preparation for successfully meeting the
requirements of the IUA contract, including the development of
collaborative design tools, Ares-related Independent Research and
Development (IRAD) activities and identification of Huntsville
facilities from which to execute the program. Together, these
investments will enable Team Ball to perform immediately upon
contract award. "The exceptional and complementary space system
integration and human space flight experience that Team Ball brings
to the Ares I Instrument Unit Avionics pursuit, provides NASA with
the right capabilities at the right time in our nation's history,
as we take the next giant step forward in returning humans to the
moon," said Bill Townsend, Ball Aerospace vice president for
exploration systems. About the companies: Ball Aerospace &
Technologies Corp. develops and manufactures spacecraft, advanced
instruments and sensors, components, data exploitation systems and
RF solutions for strategic, tactical and scientific applications
that support critical missions for the Department of Defense, NASA,
NOAA and other U.S. government and commercial entities. Ball
Aerospace is a wholly owned subsidiary of Ball Corporation
(NYSE:BLL), a supplier of high-quality metal and plastic packaging
products for beverage, food and household customers. Ball
Corporation and its subsidiaries employ more than 15,500 people
worldwide and reported 2006 sales of $6.6 billion. 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
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 used in a
wide variety of government and commercial applications, including
the main engines for the space shuttle, Atlas and Delta launch
vehicles, missile defense systems and advanced hypersonic engines.
Pratt & Whitney is a world leader in the design, manufacture
and service of aircraft engines, 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.
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/
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