Ball Aerospace Wins $47.5M Services Contract to Support DoD
PRNewswire-FirstCall
ALBUQUERQUE, N.M.

Ball Aerospace and Technologies Corp.'s Systems Engineering Solutions (SES) group has won its fourth consecutive contract to support the National Assessment Group's (NAG) mandate to provide low cost, responsive evaluations to Department of Defense (DoD) programs.

The Ball Aerospace SES office, located in Albuquerque, NM, was awarded the indefinite delivery/indefinite quantity (IDIQ) task order contract, for Systems Engineering and Technical Assessment (SETA) support services to the NAG. The contract has a one-year base period with four one-year option periods. The estimated contract amount for the entire five-year period, beginning January 29, 2007, is $47,429,000.

"This is a critical win for the SES group," said Fred Doyle, National Defense Solutions Vice President. "It demonstrates continued confidence in SES personnel to meet the critical needs of the NAG's mission and maintains the long-term relationship between Ball and NAG established with its inception in 1997."

The NAG provides low cost, rapid, worldwide, comprehensive assessment support to DoD and other national level agencies as directed by the Under Secretary of Defense for Acquisition, Technology & Logistics, with special emphasis on the warfighter's requirements. Under the contract, Ball Aerospace will facilitate SETA efforts related to planning, execution, reporting of NAG assessments, institutional support, and incidental tasks as described in individual task orders.

In addition to supporting the NAG, Ball Aerospace also supports the Air Force Research Laboratory's Directed Energy and Space Vehicle Directorates, and Air Force evaluation activities from its Albuquerque offices.

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 now acts as a technology innovator for the aerospace market.

Ball Corporation is a supplier of high-quality metal and plastic packaging products and owns Ball Aerospace & Technologies Corp. Ball reported 2006 sales of $6.6 billion and employs 15,500 people.

Forward-Looking Statements

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.

First Call Analyst:
FCMN Contact: rbrown@ball.com

SOURCE: Ball Aerospace and Technologies Corp.

CONTACT: Roz Brown of Ball Aerospace and Technologies Corp.,
+1-303-533-6059, rbrown@ball.com