Ceradyne, Inc. (NASDAQ:CRDN) announced that it has received ceramic body armor delivery orders totaling approximately $6.9 million for delivery in 2012. These orders were issued by the United States Special Operations Command (USSOCOM), and represent special ergonomic designed systems that Ceradyne has produced for USSOCOM in the past. David P. Reed, Ceradyne President, North American Operations, commented: "We are pleased to have been awarded this contract by the Special Operations Command. This order, combined with the recently announced $127 million ESAPI award and our current backlog, provides us with good visibility for body armor shipments in 2012."
Ceradyne, Inc. engages in the development, manufacture, and marketing of technical ceramic products, ceramic powders, and components for defense, industrial, automotive/diesel, and commercial applications in the United States and internationally.
Read full artical and disclimar at : http://doubleinstocks.com/?p=18965
(CRDN, ADTN, MJGCF, RCII) Stock in Review by DoubleInStocks.com
October 8th, 2011 at 01:06 pm