Ball Aerospace Completes CDR for Air Force STP-SIV Program
October 17 2007 - 11:10AM
PR Newswire (US)
BOULDER, Colo., Oct. 17 /PRNewswire-FirstCall/ -- Ball Aerospace
& Technologies Corp. has successfully completed the Space Test
Program Standard Interface Vehicle (STP-SIV) Critical Design Review
(CDR) for the United States Air Force. Ball Aerospace is developing
the STP-SIV program for the Space and Missile's Command Space
Development and Test Wing Space Development Group. The CDR
demonstrated the design maturity of the spacecraft bus to perform
over a wide range of orbit conditions and payload operating
parameters, and also validated payload accommodation design and
test plans. Representatives from the Development Group at Kirtland
Air Force Base, Aerospace Corp., AeroAstro, Inc., Broad Reach
Engineering, and prime contractor Ball Aerospace participated in
the CDR. The Air Force determined that the CDR criteria had been
successfully met to proceed with fabrication, assembly, payload
integration, and test activities for the space vehicle and the
detailed Integration and Test procedure development. "The
successful STP-SIV CDR establishes the baseline for this important
program that is a key enabler for Operationally Responsive Space,"
said Fred Doyle, vice president and general manager for Ball
Aerospace's National Defense Solutions business unit. "The
advancement of the STP-SIV program continues the success Ball
Aerospace celebrated earlier this year through our involvement in
the Air Force STP-1 mission in providing the serviceable NextSat
satellite for the Orbital Express Mission." The STP, managed by the
Space Development and Test Wing of the Air Force Space &
Missile Command at Kirtland Air Force Base in New Mexico, has
launched more than 400 space technology experiments and is
celebrating its 40th anniversary this year. The goal of the STP-SIV
program is to increase flexibility and reduce the cost of small
satellite missions through the use of a standard bus design and
standard payload interface capable of supporting a variety of
experimental payloads and launch vehicles. Ball Aerospace was
awarded the contract in 2006 for up to six vehicle delivery orders.
As prime contractor, Ball Aerospace is responsible for the overall
system including the standard payload interface design, payload
integration, space vehicle environmental testing, and launch and
mission support. AeroAstro is responsible for supplying the
spacecraft bus as well as providing integration, launch and mission
operation support. 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