Ceramic Industry

Ceradyne Receives $32.2 Million ESAPI Order (posted 4/15/08)

April 15, 2008

Ceradyne, Inc. recently received a $32.3 million enhanced small arms protective inserts (ESAPI) order to be delivered in the second and third quarters of 2008. This order is a delivery order issued by the Defense Supply Center Philadelphia against a larger indefinite delivery/indefinite quantity three-year contract issued in December 2007. Ceradyne’s practice is to only book firm delivery orders as backlog for scheduled delivery.

“We are very pleased to have received this order and believe we will continue to ship this ESAPI product on time with the high standards of quality required,” said David P. Reed, Ceradyne president of North American Operations. “Based on non-binding conversations with the government, we believe that there will be additional delivery orders against the blanket ID/IQ contract this year.”

Additional information is available at www.ceradyne.com.