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 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.