Ceradyne Receives $13.8 Million SAPI Order
April 9, 2003
Ceradyne, Inc. has announced receipt of a $13.8 million order for its small arms protective insert (SAPI) ceramic body armor. The new order was received from the U.S. Army's procurement agency, the Defense Supply Center Philadelphia. Shipments are scheduled to begin in June and be completed by the end of the year. "Everyone at Ceradyne is excited over receiving the largest single order to date of any kind for two reasons," said Joel Moskowitz, chief executive officer. "First, our company takes great pride in directly saving American lives through our soldiers' use of Ceradyne's lightweight ceramic armor; and secondly, this order provides visibility and continuity for our production area."
For additional information, visit http://www.ceradyne.com .