Ceradyne, Inc. (CRDN) announced that it has received a $16.4 million Enhanced Small Arms Protective Inserts order. The order is a delivery order issued by the Defense Supply Center Philadelphia against a larger Indefinite Delivery/Indefinite Quantity three-year contract issued in December 2007.
The company said, based on non-binding conversations with the government, it believes that there will be an additional delivery order against the blanket Indefinite Delivery/Indefinite Quantity contract during current year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.