Ceradyne, Inc. Receives $9.3 Million Ceramic Body Armor Order for U.S. Marines(COSTA MESA, Calif., Dec. 27, 2005) -- Ceradyne, Inc. (Company) (Nasdaq:CRDN) received a $9.3 million order for its lightweight ceramic body armor system for use by the U.S. Marine Corps. Shipments are expected to commence in January 2006 and be completed in the second quarter 2006.
Joel Moskowitz, Ceradyne chief executive officer, commented: "The increased capacity being brought on stream in Lexington, Kentucky, is anticipated to allow the Company to not only meet its U.S. Army ESAPI requirements but also various other military ceramic armor systems, such as this one."
The Global Police Modernization and Counter Terrorism Market 2014-2024
Ceradyne develops, manufactures and markets advanced technical ceramic products and components for defense, industrial, automotive/diesel and commercial applications. Additional information about the Company can be found at www.ceradyne.com.
Except for the historical information contained herein, this news release contains forward-looking statements regarding future events and the future performance of Ceradyne that involve risks and uncertainties that could cause actual results to differ materially from those projected. Words such as "anticipates," "believes," "plans," "expects," "intends," "future," and similar expressions are intended to identify forward-looking statements. Other risks and uncertainties are described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2004, and its Quarterly Report on Form 10-Q for the quarter ended September 30, 2005, as filed with the U.S. Securities and Exchange Commission.
Joel P. Moskowitz, 714-549-0421 x-8261
Silverman Heller Associates
Dan Matsui/Gene Heller, 310-208-2550
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.