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Diversification And Military Orders Helping Ceradyne

by: Matthew Potter
January 13, 2010

Category: Business Line, California, Ceradyne, Companies, Department of Defense, Earnings, Events, logistics, production program, Services, States | RSS 2.0

Ceradyne the maker of ceramic armor for a variety of military applications reports that despite a drop in revenue it expects to make its profit estimate for 2009. Though new test and acceptance processes by the military have delayed shipments and booking of revenue from 2009 into 2010 the company still projects a profit of greater then $15 million. The company has begun diversifying into other markets including energy production including solar, oil and gas. 2010 is also estimated to be as good or better then the past year as the company has made efforts to reduce its costs.

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  1. Tweets that mention Diversification And Military Orders Helping Ceradyne | Defense Procurement News -- Topsy.com on January 13th, 2010 2:48 pm

    […] This post was mentioned on Twitter by Dagpotter, DefProcureNews. DefProcureNews said: Diversification And Military Orders Helping Ceradyne: Ceradyne the maker of ceramic armor for a variety of militar… http://bit.ly/5tpUGg […]

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