Ceradyne Receives $56.6 Million ESAPI Body Armor Order
March 9, 2011
Ceradyne Inc. recently announced that it has received a delivery order for approximately $56.6 million for nhanced small arms protective insert (ESAPI) ceramic body armor plates. The company will begin shipping this ESAPI production release in the second quarter of this year, with full shipment expected to be completed late in the third quarter.
The release was issued under the $2.37 billion indefinite delivery/indefinite quantity (ID/IQ) contract originally issued in October 2008 and scheduled to expire in September 2013. A balance of approximately $2.1 billion remains on the ID/IQ contract.
“We are extremely pleased to have been awarded this ESAPI contract,” said David P. Reed, president of North American Operations. “We anticipate meeting the government’s quality and delivery requirements with this delivery order shipped complete in the third quarter 2011.”
For additional details, visit www.ceradyne.com.