Ceradyne Receives $8.3 M Ceramic Body Armor Order for US Marines(Costa Mesa, Calif., June 18, 2009) -- Ceradyne, Inc. (Nasdaq: CRDN) announces receipt of a $8.3 million delivery order from the U.S. Marine Corps, Quantico, Virginia. This order is for Enhanced Small Arms Protective Inserts (ESAPI), expected to be delivered in full by September 2009.
David Reed, Ceradyne's President North American Operations, commented, "We are pleased to receive this Marine order. This order is a delivery order against a larger Indefinite Delivery/Indefinite Quantity (ID/IQ) contract previously announced. Ceradyne only records as backlog orders with firm delivery dates, such as this $8.3 million release. Ceradyne is also pleased with the knowledge that we continue to save the lives of American fighting men and women. With our armor facilities in Lexington, Kentucky, and Costa Mesa and Irvine, California, we intend to fully meet the delivery and quality requirements of this new order."
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Source : Ceradyne, Inc. (NASDAQ:CRDN)