Newsletter Subscription


Tuesday, March 28, 2017


Ceradyne Receives $36 M XSAPI Body Armor Order

Costa Mesa, CA - Ceradyne, Inc. (NASDAQ: CRDN) announced that it has received a delivery order for approximately $36 million for XSAPI ("X" Small Arms Protective Insert) ceramic body armor plates. Ceradyne will begin shipping this XSAPI production release in the second quarter this year with full shipment expected to be completed in the third quarter 2011.

The release was issued under the $2.37 billion ID/IQ (Indefinite Delivery/Indefinite Quantity) contract originally issued in October 2008 and scheduled to expire in September 2013. There is a balance of approximately $2.1 billion remaining on the ID/IQ contract. Ceradyne's practice is to only book firm delivery orders such as the above $36 million as backlog for scheduled delivery.

Related Research on ASDReports.com:
Global Body Armor Parts Market Research Report 2017

David P. Reed, Ceradyne President, North American Operations, commented: "We are extremely pleased to have been awarded this XSAPI contract. We anticipate meeting the government's quality and delivery requirements with this delivery order shipped complete in Q3 2011."

Source : Ceradyne, Inc. (NASDAQ:CRDN)

Published on ASDNews: Apr 1, 2011

 

Future Warfighter Symposium

Apr 25 - 26, 2017 - Alexandria, United States

Register More info


ITAR/EAR Boot Camp-2 days Seminar

Sep 12 - 13, 2017 - Annapolis, United States

Register More info


Future Warfighter Symposium

Apr 25 - 26, 2017 - Alexandria, United States

Register More info


© 2004-2017 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk