Ceradyne, Inc. Receives $7.3 Million ESAPI Order
COSTA MESA, Calif.--May 21 2009 --Ceradyne, Inc. (NASDAQ:CRDN) received a $7.3 million ESAPI (Enhanced Small Arms Protective Inserts) order scheduled to be delivered in the third quarter of 2009. This order is a delivery order issued by the Defense Supply Center Philadelphia against a larger ID/IQ (Indefinite Delivery/Indefinite Quantity) three-year contract issued in December 2007. Ceradyne’s practice is to only book firm delivery orders such as the above $7.3 million as backlog for scheduled delivery.
David P. Reed, Ceradyne President North American Operations, commented: “We are very pleased to have received this order and believe we will continue to ship this ESAPI product on time with the high standards of quality required. Based on non-binding conversations with the government, we believe that there will be additional delivery orders against the blanket ID/IQ contract this year.”
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 press 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. These risks and uncertainties are described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008, and its Quarterly Reports on Form 10-Q, as filed with the U.S. Securities and Exchange Commission.
Contacts Ceradyne, Inc.David P. ReedPresident, North American Operations714-549-0421, x8245orSilverman Heller AssociatesPhil Bourdillon/Gene Heller310-208-2550
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Showing posts with label defence stocks. Show all posts
Showing posts with label defence stocks. Show all posts
Friday, May 22, 2009
Thursday, April 30, 2009
Investorideas.com founder and President Dawn Van Zant comments on Defense Stocks in Recent Article in South China Morning Post
Fire power -Military spending in the US over the past decade backs up the assertion of analysts that the industry will continue to be resilient, especially with continuing commitments to conflicts in Iraq and Afghanistan
Investorideas.com founder and President Dawn Van Zant comments on Defense Stocks in Recent Article in South China Morning Post
http://www.scmp.com/
DEFENCE INVESTMENTS
Ajay Shamdasani Apr 28, 2009
As the United States continues to expand its war on terror and looks to counter other global security risks - such as nuclear proliferation and cyber-warfare - the defence industry is expected to be a solid investment tool for years to come, analysts predict http://www.scmp.com/portal/site/SCMP/menuitem.2c913216495213d5df646910cba0a0a0/?vgnextoid=aed7245bbf2b0210VgnVCM100000360a0a0aRCRD&vgnextfmt=teaser&ss=Specials&s=Home&specName=Net+Worth+%28June+2008%29
Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Investorideas.com founder and President Dawn Van Zant comments on Defense Stocks in Recent Article in South China Morning Post
http://www.scmp.com/
DEFENCE INVESTMENTS
Ajay Shamdasani Apr 28, 2009
As the United States continues to expand its war on terror and looks to counter other global security risks - such as nuclear proliferation and cyber-warfare - the defence industry is expected to be a solid investment tool for years to come, analysts predict http://www.scmp.com/portal/site/SCMP/menuitem.2c913216495213d5df646910cba0a0a0/?vgnextoid=aed7245bbf2b0210VgnVCM100000360a0a0aRCRD&vgnextfmt=teaser&ss=Specials&s=Home&specName=Net+Worth+%28June+2008%29
Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Tuesday, April 21, 2009
Advanced Unmanned Ground Vehicle Demonstrates Record Mission Duration Using Protonex Fuel Cell System Technology
Advanced Unmanned Ground Vehicle Demonstrates Record Mission Duration Using Protonex Fuel Cell System Technology
SOUTHBOROUGH, Mass April 21 2009 --Protonex Technology Corporation (LSE: AIM: PTX and PTXU), a leading provider of advanced fuel cell power systems for portable, remote and mobile applications, today announces that Foster-Miller, Inc. (a QinetiQ company), has successfully demonstrated record unmanned ground vehicle (UGV) endurance capabilities by integrating a Protonex fuel cell power system into a Foster-Miller TALON™ robotic UGV. The TALON robot, with a hybridised fuel cell-battery power system from Protonex, demonstrated three times the operational mission range and twice the energy density of its existing advanced battery systems. The demonstration was conducted as a part of the OSD-sponsored Next Generation Manufacturing Technologies Initiative (NGMTI), led by the South Carolina Research Authority (SCRA) in Charleston, South Carolina.
As part of the NGMTI program, funded through the Defense Logistics Agency and managed by the Naval Surface Warfare Center Crane Division, Protonex developed and integrated an advanced fuel cell power platform with battery hybridisation into the existing battery bay of the TALON robot. The hybrid fuel cell power system delivered approximately 200 watts of continuous power and also met all peak power demands of the TALON robot. Protonex combined the high power density of its advanced fuel cell systems with a high energy density chemical hydride fuel to significantly extend the duration and mission capabilities of the existing TALON UGV robotics platform. Based on performance data from Foster-Miller, the Protonex fuel cell platform allowed the TALON robot to increase its mission range from 15 km to 45 km. This extremely successful demonstration was the first integration of a hybrid fuel cell-battery platform into a Foster-Miller TALON robot.
This program initiative builds on related efforts by Protonex on unmanned aerial vehicles (UAVs) and further demonstrates the Company’s ability to deliver extended mission times, thus enabling expanded mission capabilities for UGVs including persistent surveillance and border patrol.
Commenting on the news, Dr. Paul Osenar, Chief Technology Officer for Protonex Technology Corporation said: “The record mission time demonstrated through this program represents another important milestone for Protonex and further validates the range of vehicles into which our high performance power sources can effectively be integrated. Based on the success of this UGV program and our ongoing success with UAVs, Protonex expects more significant opportunities for our fuel cell platforms in small vehicles used in a variety of military and commercial applications.”
Notes to Editors
About Protonex Technology Corporation
www.protonex.com
Protonex Technology Corporation develops and manufactures compact, lightweight and high- performance fuel cell systems for portable power applications in the 100 to 1000-watt range. The Company’s fuel cell systems are designed to meet the needs of military, commercial and consumer customers for off-grid applications underserved by existing technologies by providing customizable, stand-alone portable power solutions and systems that may be hybridized with existing power technologies. The Company is headquartered in Southborough, Massachusetts.
About Foster-Miller, Inc. (QinetiQ North America Technology Solutions Group)
www.foster-miller.com
QinetiQ North America’s Technology Solutions Group includes the businesses of Foster-Miller, Inc. and its subsidiaries Planning Systems Incorporated (PSI), Automatika and Applied Perception plus the research and development activities of Apogen Technologies, Inc. It is a technology and product development business with an international reputation for delivering innovative products and systems that perform under the most demanding conditions.
About NGMTI
www.ngmti.org
The Next Generation Manufacturing Technology Initiative program, (NGMTI) is a consortium managed by the South Carolina Research Authority (SCRA) in Charleston, South Carolina. The purpose of the NGMTI is to accelerate the development and implementation of advanced breakthrough manufacturing technologies in support of the warfighter, and the global economic competitiveness of U.S. manufacturing. NGMTI launches collaborative project teams consisting of subject matter experts from industry, government, academia, and associations in support of its purpose.
This announcement includes statements which are, or may be deemed to be, "forward-looking statements". All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding Protonex’ financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to Protonex’ products and services) are forward-looking statements. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of Protonex to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. These factors include but are not limited to those described in the Admission Document issued in connection with the Company’s admission to AIM.
Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements in this announcement speak only as at the date of this announcement and are subject to risks relating to future events and other risks, uncertainties and assumptions relation to Protonex’ operations, results of operations, growth strategy and liquidity.
Contacts Protonex Technology CorporationScott Pearson, +1 508-490-9960Chief Executive OfficerorMargaret Dorsheimer, +1 508-490-9960Director of MarketingorRedleaf Communications LimitedPress and Investor RelationsSamantha Robbins, +44 (0)20 7566 6700orPaul Dulieu, +44 (0)20 7566 6700protonex@redleafpr.comorPiper Jaffray Ltd.Nominated AdviserMichael Covington, +44 (0)20 3142 8700orJames Steel, +44 (0)20 3142 8700Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
SOUTHBOROUGH, Mass April 21 2009 --Protonex Technology Corporation (LSE: AIM: PTX and PTXU), a leading provider of advanced fuel cell power systems for portable, remote and mobile applications, today announces that Foster-Miller, Inc. (a QinetiQ company), has successfully demonstrated record unmanned ground vehicle (UGV) endurance capabilities by integrating a Protonex fuel cell power system into a Foster-Miller TALON™ robotic UGV. The TALON robot, with a hybridised fuel cell-battery power system from Protonex, demonstrated three times the operational mission range and twice the energy density of its existing advanced battery systems. The demonstration was conducted as a part of the OSD-sponsored Next Generation Manufacturing Technologies Initiative (NGMTI), led by the South Carolina Research Authority (SCRA) in Charleston, South Carolina.
As part of the NGMTI program, funded through the Defense Logistics Agency and managed by the Naval Surface Warfare Center Crane Division, Protonex developed and integrated an advanced fuel cell power platform with battery hybridisation into the existing battery bay of the TALON robot. The hybrid fuel cell power system delivered approximately 200 watts of continuous power and also met all peak power demands of the TALON robot. Protonex combined the high power density of its advanced fuel cell systems with a high energy density chemical hydride fuel to significantly extend the duration and mission capabilities of the existing TALON UGV robotics platform. Based on performance data from Foster-Miller, the Protonex fuel cell platform allowed the TALON robot to increase its mission range from 15 km to 45 km. This extremely successful demonstration was the first integration of a hybrid fuel cell-battery platform into a Foster-Miller TALON robot.
This program initiative builds on related efforts by Protonex on unmanned aerial vehicles (UAVs) and further demonstrates the Company’s ability to deliver extended mission times, thus enabling expanded mission capabilities for UGVs including persistent surveillance and border patrol.
Commenting on the news, Dr. Paul Osenar, Chief Technology Officer for Protonex Technology Corporation said: “The record mission time demonstrated through this program represents another important milestone for Protonex and further validates the range of vehicles into which our high performance power sources can effectively be integrated. Based on the success of this UGV program and our ongoing success with UAVs, Protonex expects more significant opportunities for our fuel cell platforms in small vehicles used in a variety of military and commercial applications.”
Notes to Editors
About Protonex Technology Corporation
www.protonex.com
Protonex Technology Corporation develops and manufactures compact, lightweight and high- performance fuel cell systems for portable power applications in the 100 to 1000-watt range. The Company’s fuel cell systems are designed to meet the needs of military, commercial and consumer customers for off-grid applications underserved by existing technologies by providing customizable, stand-alone portable power solutions and systems that may be hybridized with existing power technologies. The Company is headquartered in Southborough, Massachusetts.
About Foster-Miller, Inc. (QinetiQ North America Technology Solutions Group)
www.foster-miller.com
QinetiQ North America’s Technology Solutions Group includes the businesses of Foster-Miller, Inc. and its subsidiaries Planning Systems Incorporated (PSI), Automatika and Applied Perception plus the research and development activities of Apogen Technologies, Inc. It is a technology and product development business with an international reputation for delivering innovative products and systems that perform under the most demanding conditions.
About NGMTI
www.ngmti.org
The Next Generation Manufacturing Technology Initiative program, (NGMTI) is a consortium managed by the South Carolina Research Authority (SCRA) in Charleston, South Carolina. The purpose of the NGMTI is to accelerate the development and implementation of advanced breakthrough manufacturing technologies in support of the warfighter, and the global economic competitiveness of U.S. manufacturing. NGMTI launches collaborative project teams consisting of subject matter experts from industry, government, academia, and associations in support of its purpose.
This announcement includes statements which are, or may be deemed to be, "forward-looking statements". All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding Protonex’ financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to Protonex’ products and services) are forward-looking statements. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of Protonex to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. These factors include but are not limited to those described in the Admission Document issued in connection with the Company’s admission to AIM.
Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements in this announcement speak only as at the date of this announcement and are subject to risks relating to future events and other risks, uncertainties and assumptions relation to Protonex’ operations, results of operations, growth strategy and liquidity.
Contacts Protonex Technology CorporationScott Pearson, +1 508-490-9960Chief Executive OfficerorMargaret Dorsheimer, +1 508-490-9960Director of MarketingorRedleaf Communications LimitedPress and Investor RelationsSamantha Robbins, +44 (0)20 7566 6700orPaul Dulieu, +44 (0)20 7566 6700protonex@redleafpr.comorPiper Jaffray Ltd.Nominated AdviserMichael Covington, +44 (0)20 3142 8700orJames Steel, +44 (0)20 3142 8700Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Tuesday, March 17, 2009
Defense Stocks Sector Close-Up
Defense Stocks Sector Close-Up
POINT ROBERTS, Wash., DELTA, B.C. –March 18, 2009 – www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within Investorideas.com, presents a sector close-up of defense stocks following another up day in the market in general.
Defense stocks trading as of close- March 17, 2009:
L-3 Communications (NYSE: LLL ) closed up at$ 63.16 +1.87 +3.05%
News- L-3 Selected for U.S. Army STOC II Program
Raytheon Company (NYSE: RTN ) closed up at $35.39 +0.75 +2.17%. Company announced - U.S. Air Force Accepts First Delivery of Raytheon Miniature Air Launched Decoy.
Lockheed Martin Corporation (NYSE:LMT) closed up at $ 65.66 +1.05 +1.63%
Honeywell International Inc. (NYSE:HON) ended the day up at $ 27.56 +0.50 +1.85%
To research more defense (defence) stocks:
Homeland Security and Defense Stocks Directory:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Free Defense Stocks Newsletter Sign-up:
http://www.twotigersonline.com/newsletter.html
Spade Defense Index- Interviews and Transcripts:
The SPADE Defense Index® (AMEX: DXS) is a modified capitalization-weighted index comprised of publicly traded companies that benchmarks the performance of companies involved with the defense, homeland security, and space marketplace. http://www.investorideas.com/Content_Partners/SI/Default.asp
About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.
Affiliated Homeland Security/Defense Website –
The National Homeland Security Knowledgebase (NHSK) - Securing a Better World
(NHSK) is a leading Non-Government Website for search phrase "Homeland Security" featuring a comprehensive collection of links and resources and news in Homeland Security, Defense and global security issues.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Investorideas.com Membership – Defense stocks directory
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory, water stocks, biotech and defense stocks directory, as well as the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com -Learn more: http://www.investorideas.com/membership/
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Our sites do not make recommendations, but offer information portals to investors to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of any information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas
POINT ROBERTS, Wash., DELTA, B.C. –March 18, 2009 – www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within Investorideas.com, presents a sector close-up of defense stocks following another up day in the market in general.
Defense stocks trading as of close- March 17, 2009:
L-3 Communications (NYSE: LLL ) closed up at$ 63.16 +1.87 +3.05%
News- L-3 Selected for U.S. Army STOC II Program
Raytheon Company (NYSE: RTN ) closed up at $35.39 +0.75 +2.17%. Company announced - U.S. Air Force Accepts First Delivery of Raytheon Miniature Air Launched Decoy.
Lockheed Martin Corporation (NYSE:LMT) closed up at $ 65.66 +1.05 +1.63%
Honeywell International Inc. (NYSE:HON) ended the day up at $ 27.56 +0.50 +1.85%
To research more defense (defence) stocks:
Homeland Security and Defense Stocks Directory:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Free Defense Stocks Newsletter Sign-up:
http://www.twotigersonline.com/newsletter.html
Spade Defense Index- Interviews and Transcripts:
The SPADE Defense Index® (AMEX: DXS) is a modified capitalization-weighted index comprised of publicly traded companies that benchmarks the performance of companies involved with the defense, homeland security, and space marketplace. http://www.investorideas.com/Content_Partners/SI/Default.asp
About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.
Affiliated Homeland Security/Defense Website –
The National Homeland Security Knowledgebase (NHSK) - Securing a Better World
(NHSK) is a leading Non-Government Website for search phrase "Homeland Security" featuring a comprehensive collection of links and resources and news in Homeland Security, Defense and global security issues.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Investorideas.com Membership – Defense stocks directory
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory, water stocks, biotech and defense stocks directory, as well as the Insiders Corner by Michael Brush.
Become an InvestorIdeas.com -Learn more: http://www.investorideas.com/membership/
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Our sites do not make recommendations, but offer information portals to investors to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of any information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas
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