Ball Aerospace Receives Large Business Supplier of the Year Award from United Space Alliance
July 19, 2007
Ball Aerospace & Technologies Corp. has received the large business, "Supplier of the Year" award from United Space Alliance (USA) for excellent work by the company's space shuttle star tracker team. The achievement was recognized during a USA awards ceremony in Huntsville, Ala., on July 19.
USA's supplier of the year program recognizes suppliers who continually demonstrate outstanding overall performance on USA requirements. Ball Aerospace was nominated by representatives from USA contracts and technical communities.
Ball Aerospace is the sole source for human-rated star trackers for the space shuttle program, and has a lengthy relationship with USA for space exploration programs. Each space shuttle mission flies with Ball Aerospace mechanical components, cryogenics and optical systems. The shuttle star tracker team not only makes new trackers, it also refurbishes previously used trackers for the shuttle fleet's ready reserve. In total, Ball Aerospace advanced imaging teams have designed, built, and tested more than 400 tracker units. Their efforts have been recognized as the most accurate and highly respected star sensing systems available in the market today.
USA is one of the world's leading space operations companies, operating and processing NASA's Space Shuttle fleet and International Space Station.
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. Over the past 50 years, Ball Aerospace has been responsible for numerous technological and scientific 'firsts' and acts as a technology innovator for the aerospace market.
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 consumer and customer demand and preferences; availability and cost of raw materials, including recent significant increases in resin, steel, aluminum and energy costs, and the ability to pass such increases on to customers; competitive packaging availability, pricing and substitution; changes in climate and weather; crop yields; industry productive capacity and competitive activity; failure to achieve anticipated productivity improvements or production cost reductions, including those associated with our beverage can end project; the German 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; successful or unsuccessful acquisitions, joint ventures or divestitures; integration of recently acquired businesses; regulatory action or laws including tax, environmental and workplace safety; 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.
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SOURCE: Ball Aerospace & Technologies Corp.
CONTACT: Roz Brown of Ball Aerospace & Technologies Corp.,
Web site: http://www.ballaerospace.com/