Newsletter Subscription


Tuesday, June 30, 2015


Ceradyne Receives $36.2 M ESAPI Body Armor Order

Costa Mesa, CA - Ceradyne, Inc. (NASDAQ: CRDN) announced that it has received a delivery order for approximately $36.2 million for ESAPI (Enhanced Small Arms Protective Insert) ceramic body armor plates. Ceradyne will begin shipping this ESAPI production release in the fourth quarter this year with full shipment expected to be completed early in the first quarter 2012.

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 $2.0 billion remaining on the ID/IQ contract. Ceradyne's practice is to only book firm delivery orders such as the above $36.2 million as backlog for scheduled delivery.

Related Research on ASDReports.com:
Global Laser Safety Glasses Industry Report 2015

David P. Reed, Ceradyne President, North American Operations, commented: "We are extremely pleased to have been awarded this ESAPI contract. We anticipate meeting the government's quality and delivery requirements with this delivery order shipped complete early in Q1 2012."

Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.

Source : Ceradyne, Inc. (NASDAQ:CRDN)

Published on ASDNews: Jul 20, 2011

 

Special Operations Summit - Little Creek 2015

Nov 16 - 18, 2015 - Norfolk, United States

Register More info


US Export Controls on Non-US Transactions Seminar

Oct 5 - 8, 2015 - Amsterdam, Netherlands

Register More info


SOFCON 2015 Conference

Jun 30 - Jul 2, 2015 - London, United Kingdom

Register More info


© 2004-2015 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk