Ball Aerospace Awarded $21M in NASIC Contracts
April 22 2008 - 9:03AM
PR Newswire (US)
DAYTON, Ohio, April 22 /PRNewswire-FirstCall/ -- The National Air
and Space Intelligence Center (NASIC) has awarded Ball Aerospace
& Technologies Corp. two contracts worth more than $21M to
continue providing actionable intelligence to warfighters through
service contracts that support the Department of Defense (DoD).
NASIC, located at Wright-Patterson Air Force Base, Ohio, awarded
Ball Aerospace and its teammates a $10.8 million Spectral
Exploitation Center/Cell and Thermal Infrared Operational Support
contract to continue performing non-literal Geospatial Intelligence
analysis and operational support. These tasks include data
processing, data analysis, software modification and maintenance,
system and network administration, analytic support, and
instruction and training on the use of software tools and
techniques. Teammates include AAI Corporation, BAH, CACI
International Inc., the Space Computer Corporation, and The Boeing
Company. Wright-Patterson AFB is the source of air and space
intelligence for the DoD. Ball Aerospace has provided on-site and
off-site remote sensing and analysis support to NASIC's Measurement
and Signature Intelligence Exploitation program for nearly 25
years. NASIC also awarded Ball an $11 million contract to extend
its current program that transforms sensor data into intelligence
information, for the Integrated Overhead Non-imaging Infrared
(ONIR) Tasking, Processing, Exploitation, and Dissemination System
(IOTS) program. In 2005, NASIC awarded Ball Aerospace a three-year
IOTS contract to develop an integrated ONIR system. IOTS provides
capabilities to process and exploit existing and future ONIR sensor
data collected by space-based infrared sensors. Ball is supported
on the contract by Booz Allen & Hamilton, Inc., Command
Technologies, Inc., a subsidiary of MTC Technologies, Inc.,
Northrop Grumman's Electronic Systems sector, Oracle Federal
Systems, Raytheon Company, Structural Computing LLC, and Science
Applications International Corp. 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. For more than 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 products 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 2007 sales of $7.4 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
product 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;
competitive activity; failure to achieve anticipated productivity
improvements or production cost reductions, including our beverage
can end project; 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; changes in senior
management; 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 May 2024 to Jun 2024
Ball (NYSE:BLL)
Historical Stock Chart
From Jun 2023 to Jun 2024