Ball Aerospace Awarded Second Contract for STP-SIV Program

Mon Jul 13, 2009 11:26am EDT
 
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BOULDER, Colo., July 13 /PRNewswire-FirstCall/ -- Ball Aerospace &
Technologies Corp. has been awarded a $13.4 million U.S. Air Force contract to
procure long-lead hardware for a second Space Test Program Standard Interface
Vehicle (STP-SIV) spacecraft.  The first STP-SIV spacecraft launch is expected
in the first quarter of 2010. 

(Photo:  http://www.newscom.com/cgi-bin/prnh/20090713/LA45058)

The contract follows the prime contract signed in April 2006 for the first
Department of Defense (DoD) STP-SIV vehicle, that included a provision for up
to six vehicle orders for the Air Force Space Development & Test Wing's (SDTW)
Space Development Group at Kirtland Air Force Base, Albuquerque, N.M. The
system is a key enabler for the DoD Space Test Program.

The contract is a follow-on to the first STP-SIV space vehicle, which recently
completed the initial phase of system environmental testing including
electromagnetic interference and compatibility, to be followed by vibration
and thermal vacuum testing. 

"This type of arrangement, in addition to driving down costs, enhances U.S.
space superiority by supporting the Operationally Responsive Space strategy,"
said Drew Crouch, vice president and general manager for Ball Aerospace's
National Defense business unit.

To meet the U.S. Air Force's goal for small satellite missions that
incorporate both flexibility and reduced cost, Ball Aerospace has employed a
standard vehicle with a standard payload interface capable of supporting a
variety of experimental payloads and launch vehicles. The 120 kg bus is
designed to fly in a wide range of LEO orbits and supports a variety of launch
vehicle configurations including the EELV Secondary Payload Adapter (ESPA). 
In addition to the overall STP-SIV system and payload interface design, Ball
is responsible for payload integration, space vehicle environmental testing
and launch and mission support.  

Ball Aerospace & Technologies Corp. supports critical missions of important
national agencies such as the Department of Defense, NASA, NOAA and other U.S.
government and commercial entities. The company develops and manufactures
spacecraft, advanced instruments and sensors, components, data exploitation
systems and RF solutions for strategic, tactical and scientific applications. 

Ball Corporation (NYSE: BLL) is a supplier of high-quality metal and plastic
packaging for beverage, food and household products customers, and of
aerospace and other technologies and services, primarily for the U.S.
government. Ball Corporation and its subsidiaries employ more than 14,000
people worldwide and reported 2008 sales of approximately $7.6 billion. 

Forward-Looking Statements

This release contains "forward-looking" statements concerning future events
and financial performance. Words such as "expects," "anticipates," "estimates"
and similar expressions are intended to identify forward-looking statements.
Such statements are subject to risks and uncertainties which could cause
actual results to differ materially from those expressed or implied. The
company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. Key risks and uncertainties are summarized in filings
with the Securities and Exchange Commission, including Exhibit 99.2 in our
Form 10-K, which are available at our Web site and at www.sec.gov. Factors
that might affect our packaging segments include fluctuation in product demand
and preferences; availability and cost of raw materials; competitive packaging
availability, pricing and substitution; changes in climate and weather; crop
yields; competitive activity; failure to achieve anticipated productivity
improvements or production cost reductions, including our beverage can end
project; mandatory deposit or other restrictive packaging laws; changes in
major customer or supplier contracts or loss of a major customer or supplier;
and changes in foreign exchange rates, tax rates and activities of foreign
subsidiaries. Factors that might affect our aerospace segment include:
funding, authorization, availability and returns of government and commercial
contracts; and delays, extensions and technical uncertainties affecting
segment contracts. Factors that might affect the company as a whole include
those listed plus: accounting changes; changes in senior management; the
current global credit squeeze and its effects on liquidity, credit risk, asset
values and the economy; successful or unsuccessful acquisitions, joint
ventures or divestitures; integration of recently acquired businesses;
regulatory action or laws including tax, environmental, health and workplace
safety, including in respect of chemicals or substances used in raw materials
or in the manufacturing process; governmental investigations; technological
developments and innovations; goodwill impairment; antitrust, patent and other
litigation; strikes; labor cost changes; rates of return projected and earned
on assets of the company's defined benefit retirement plans; pension changes;
reduced cash flow; interest rates affecting our debt; and changes to unaudited
results due to statutory audits or other effects.


SOURCE  Ball Aerospace & Technologies Corp.

Roz Brown of Ball Aerospace & Technologies Corp., +1-303-533-6059,
rbrown@ball.com

 

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