Ceradyne (CRDN)

[buhg1b]

Tuesday, April 1, 2008 - 11:16 AM PDT
Ceradyne gets $41.1M Army order for ceramic inserts
Los Angeles Business from bizjournals

On Tuesday, Ceradyne Inc. received a $41.1 million order for ceramic body armor inserts from the U.S. Army's Aberdeen Proving Ground in Maryland.

The Enhanced Side Ballistic Inserts will be delivered starting in June and running through September.

"We are pleased with this recent side plate delivery order which continues to provide future shipment visibility. Based on non-binding discussions with the Army, we believe there will be further delivery orders in the second quarter," David P. Reed, Ceradyne's president of North American operations, said in a statement.

Costa Mesa's Ceradyne develops, manufactures and markets advanced technical ceramic products and components for defense, industrial, automotive/diesel and commercial applications.