[January 2002]
Ceramic Armour Order Boosts USA Manufacturer
Ceradyne Inc (Costa Mesa, CA, USA) has received a US$5.3 million order for lightweight ceramic inserts for use in armour to protect US Army forces. The order was issued by the US Defense Logistics Agency; the Agency awarded the US$5.3 million initial release under an indefinite quantity, firm fixed price contract after approving the companys first article, which was shipped in November 2001.
Joel Moskowitz, Ceradynes CEO, said: We are pleased to see this new business developing as anticipated, especially as it is one of the largest single armor plate orders ever awarded to the Company.
With production of ceramic diesel engine components and ceramic orthodontic brackets moving out of Costa Mesa to our new Irvine, California site, we will have sufficient capacity in Costa Mesa to meet the production schedule for this order and for subsequent releases from the Agency.
ENDS