Ball Aerospace to Support $213 Million Strategic Mission Planning Contract
January 25 2005 - 12:24PM
PR Newswire (US)
Ball Aerospace to Support $213 Million Strategic Mission Planning
Contract BOULDER, Colo., Jan. 25 /PRNewswire/ -- Ball Aerospace
& Technologies Corp. has been chosen by Lockheed Martin to
supply software engineering and technical support for the 10-year,
$213 million Integrated Strategic Planning and Analysis Network
(ISPAN) contract awarded to Lockheed Martin by U.S. Strategic
Command (USSTRATCOM). ISPAN, a network-centric mission planning and
execution system, will support USSTRATCOM's responsibilities for
global strike, missile defense, information operations, and nuclear
deterrence missions. The deployment of this system will integrate
legacy systems improving situational awareness and mission
planning. Integrating a number of legacy systems into a new,
streamlined mission planning architecture, ISPAN allows USSTRATCOM
commanders to monitor worldwide situations in real time, assess
potential threats or areas of interest, and then plan and support
execution of a swift response in coordination with regional
Combatant Commanders. As a part of the team, Ball Aerospace will
lead the modernization of the existing systems to make them
consistent with ISPAN architecture. Ball Aerospace will also
provide Collaborative Enterprise Management and Decision Support
(CEMDS) expertise to USSTRATCOM and the Lockheed Martin team.
"ISPAN takes our technology to a new dimension," said Fred
Westover, Director, Systems Engineering Solutions, Ball Aerospace.
"It is a key next step in national security and we are truly
pleased to help support the team as well as the Command." Ball
Corporation is a supplier of high-quality metal and plastic
packaging products and innovative packaging solutions to the
beverage and food industries. The company also owns Ball Aerospace
& Technologies Corp., which develops sensors, spacecraft,
systems and components for government and commercial markets. Ball
employs 13,100 people worldwide and reported 2003 sales of $4.9
billion. Forward-Looking Statements The information in this news
release contains "forward-looking" statements and other statements
concerning future events and financial performance. Words such as
"expects," "anticipates," "estimates," and variations of such words
and similar expressions are intended to identify forward-looking
statements. Forward-looking 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 the
company's filings with the Securities and Exchange Commission,
especially in Exhibit 99.2 in the most recent Form 10-K. These
filings are available at the company's website and at
http://www.sec.gov/. Factors that might affect the packaging
segments of the company include fluctuation in consumer and
customer demand; competitive packaging material availability,
pricing and substitution; changes in climate and weather; fruit,
vegetable and fishing yields; industry productive capacity and
competitive activity; lack of productivity improvement or
production cost reductions; the German mandatory deposit or other
restrictive packaging laws; availability and cost of raw materials,
such as resin, steel and aluminum, and the ability to pass on to
customers changes in these costs; changes in major customer
contracts or the loss of a major customer; international business
risks, such as foreign exchange rates and tax rates; and the effect
of LIFO accounting on earnings. Factors that might affect the
aerospace segment include: funding, authorization and availability
of government contracts and the nature and continuation of those
contracts; and technical uncertainty associated with segment
contracts. Factors that could affect the company as a whole include
those listed plus: successful and unsuccessful acquisitions, joint
ventures or divestitures and associated integration activities;
regulatory action or laws including environmental and workplace
safety; goodwill impairment; antitrust and other litigation;
strikes; boycotts; increases in various employee benefits and labor
costs; rates of return projected and earned on assets of the
company's defined benefit retirement plans; reduced cash flow; and
interest rates affecting our debt. DATASOURCE: Ball Aerospace &
Technologies Corp. CONTACT: Jennifer Meyer, +1-303-533-4213, or
Sarah Hoyt, +1-303-533-4945, both of Ball Aerospace &
Technologies Corp., Web site: http://www.ballaerospace.com/
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