BOULDER, Colo., June 15, 2012 /PRNewswire/ -- Ball Aerospace & Technologies Corp.'s Southwest Operations is a 2012 recipient of the James S. Cogswell Award for outstanding security practices by defense contractors.
The Cogswell Award is the most prestigious honor in the U.S. defense industrial security field. To be considered, the facility's industrial security representative must nominate the facility, allowed only after two consecutive superior industrial security review ratings. A sustained degree of excellence and innovation must also be demonstrated in the overall security program management, implementation and oversight.
Ball's Southwest Operations is one of 26 cleared defense contractors nationwide to win the honor. There are more than 13,000 defense contractors in the United States.
"With less than one percent of all cleared contractors selected to receive this award annually, Ball Aerospace has joined a very elite group," said Rob Strain, chief operating officer, Ball Aerospace. "This award recognizes Ball's commitment to protecting our warfighter at home and abroad."
The Cogswell Award honors the late Colonel James S. Cogswell, USAF, the first chief of the Department of Defense's unified Office of Industrial Security.
Ball Aerospace & Technologies Corp. supports critical missions for 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. For more information visit www.ballaerospace.com.
Ball Corporation (NYSE:BLL) is a supplier of high quality packaging for beverage, food and household products customers, and of aerospace and other technologies and services, primarily for the U.S. government. Ball Corporation and its subsidiaries employ more than 14,500 people worldwide and reported 2011 sales of more than $8.6 billion. For the latest Ball news and for other company information, please visit http://www.ball.com.
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 on our website and at www.sec.gov. Factors that might affect our packaging segments include fluctuation in product demand and preferences;
availability and cost of raw materials; competitive packaging availability, pricing and substitution; changes in climate and weather; crop yields;
competitive activity; failure to achieve anticipated productivity improvements or production cost reductions; mandatory deposit or other restrictive packaging laws; changes in major customer or supplier contracts or loss of a major customer or supplier; political instability and sanctions; and changes in foreign exchange rates or tax rates. 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; changes in senior management; the
recent global recession and its effects on liquidity, credit risk, asset values and the economy; successful or unsuccessful acquisitions; regulatory action or laws including tax, environmental, health and workplace safety, including U.S. FDA and other actions affecting products filled in our containers, or chemicals or substances used in raw materials or in the manufacturing process; 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; uncertainties surrounding the U.S. government budget and debt limit; reduced cash flow; interest rates affecting our debt; and changes to unaudited results due to statutory audits or other effects.
SOURCE Ball Aerospace
