Thursday, Ceradyne Inc. (CRDN) received an $8 million Enhanced Small Arms Protective Inserts or ESAPI order, expected to be shipped in the first quarter of 2010. This order is a delivery order issued by the Defense Supply Center Philadelphia against a larger Indefinite Delivery/Indefinite Quantity or ID/IQ 3-year contract issued in December 2007, the company added. \
Ceradyne stated that its practice is to only book firm delivery orders such as the above $8 million as backlog for scheduled delivery. Ceradyne expects to bid further ESAPI sustainment business on a new Request for Quotation expected in the fourth quarter of 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.