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Ceradyne Receive $21.3m Body Armour Order

Nov 11 2003

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Ceradyne have received a further order for Small Arms Protective Inserts (SAPI) from the US armed forces. The order is worth $21.3 million, with delivery to commence in the first quarter of 2004, and final shipments to be made before the end of 2004.

The latest order is part of a multi-year supply contract from the US Department of Defence and takes the total value of SAPI orders thus far for Ceradyne to $64 million.

Ceradyne are in the process of installing more equipment for producing more body armour. They expect the new production capacity to be in service in early 2004.

For more information on body armour, click here.

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