Ceradyne, Inc. recently received a $133 million delivery order for enhanced side ballistic inserts (ESBI) from the U.S. Army, Aberdeen Proving Ground, Md. This new delivery order, scheduled to be shipped April 2007 through November 2007, will be shipped against a larger indefinite delivery/indefinite quantity (ID/IQ) contract announced earlier. Ceradyne records as firm orders only delivery orders, such as the above, that have scheduled delivery dates.
“This delivery order is the largest single order ever received by Ceradyne,” said Dave Reed, Ceradyne president North American Operations. “Together with the $122.2 million in ESAPI and ESBI body armor orders announced last month, we have excellent visibility into 2007. We anticipate receiving additional orders early in 2007 for delivery in 2007.”
The company’s website is located at www.ceradyne.com