Ball Aerospace Receives NASA Goddard Space Flight Center's Contractor of the Year Award
May 28 2008 - 9:08AM
PR Newswire (US)
BOULDER, Colo., May 28 /PRNewswire-FirstCall/ -- NASA's Goddard
Space Flight Center (GSFC) has named Ball Aerospace &
Technologies Corp. as a winner of the 2008 Goddard Contractor
Excellence Award. The prestigious award recognizes companies that
have significantly contributed to the success of the Goddard Space
Flight Center's mission. Ball Aerospace was commended in the large
product category, for its program performance, process and safety,
quality improvements, customer satisfaction, commitment to
diversity, and continuous improvement for the three-year period
from 2005 to 2007. In making the award, Goddard Associate Division
Chief, Robert S. Lebair, Jr., said, "In promoting quality to the
Goddard mission, Ball Aerospace provided a wealth of technical
evidence and excellent customer satisfaction documentation." "It's
an honor to receive this significant award for our contributions
and commitment to Goddard," said David L. Taylor, president and CEO
of Ball Aerospace. "We have been supporting NASA GSFC for nearly
five decades, and strive continuously to improve program, cost, and
schedule performance to further Goddard's mission and that of all
our customers." Ball Aerospace's collaboration with GSFC has
resulted in a successful partnership on a wide range of programs
including the Hubble Space Telescope, James Webb Space Telescope,
the Operational Land Imager, the NPOESS Preparatory Project,
QuickSCAT and ICESat, the Earth Radiation Budget Satellite, and the
Cosmic Background Explorer. 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
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, health and
workplace safety, including in respect of chemicals or substances
used in raw materials or in the manufacturing process; 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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