Ball Aerospace Chosen to Compete for Ares I Instrument Avionics Contract
October 08 2007 - 9:02AM
PR Newswire (US)
HUNTSVILLE, Ala., Oct. 8 /PRNewswire-FirstCall/ -- Ball Aerospace
& Technologies Corp. has been selected by NASA's Marshall Space
Flight Center as one of the final competitors for the Instrument
Unit Avionics (IUA) contract for the Ares I Crew Launch Vehicle.
Ball Aerospace was chosen as a finalist from five industry teams
that submitted proposals for the IUA contract, and will now enter
discussions with NASA regarding proposal implementation. NASA is
expected to select a single prime contractor for the Ares I
Instrument Unit later this year. "Ball Aerospace has the proven
capabilities and experience to successfully meet NASA's extremely
high standards for safety and mission success," said Bill Townsend,
Ball Aerospace vice president for Exploration Systems. "We're the
right team to interface with Marshall Space Flight Center based on
our expertise in the integration of complex space systems, rich
history in human spaceflight programs, and the affordability of our
innovative and agile approach." The Ball Aerospace team for the
Ares I IUA includes subcontractors Hamilton Sundstrand and Pratt
& Whitney Rocketdyne, subsidiaries of United Technologies Corp.
(NYSE:UTX). Ares I will replace the Space Shuttle following its
2010 retirement. 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/
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