Ceradyne, Inc. has received a $78 million delivery order for enhanced small arms protective inserts (ESAPI) from the U.S. Army, Aberdeen Proving Ground, Md. This new delivery order, which is scheduled to be shipped September through December 2007, will be shipped against a larger indefinite delivery/indefinite quantity (ID/IQ) contract. The company records as firm orders only delivery orders, such as the above, that have firm scheduled delivery dates.
David P. Reed, Ceradyne president of North American Operations, said, “We are pleased to have received this ESAPI order as it gives our company visibility for the balance of this year. Utilizing the Lexington, Ky., facility and the Costa Mesa and Irvine, Calif., we expect to meet the Army’s quality and delivery requirements.”
Additional information is available at www.ceradyne.com