DAYTON, Ohio, April 29, 2013 /PRNewswire/ -- Ball Aerospace & Technologies Corp. and the Invertix Corporation have entered into a strategic teaming agreement to pursue the Advanced Technical Exploitation Program (ATEP) II contract with the National Air and Space Intelligence Center (NASIC) at Wright-Patterson Air Force Base.
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NASIC is the nation's premier source of air and space intelligence for Department of Defense and national intelligence consumers and is a recognized center of excellence for Geospatial Intelligence (GEOINT) and Measurement and Signature Intelligence (MASINT) reporting. Ball Aerospace has supported NASIC's programs for nearly 30 years by conducting research and development, developing algorithms and data analysis tools, building end-to-end data exploitation systems, and working on site at NASIC analyzing and reporting on data collected by satellite, airborne and ground-based sensors.
Invertix works across a continuum of technology ranging from sensors to visualization focused heavily on how analysts and decision makers transact in a "Big Data" environment as well as how to leverage this understanding to introduce advanced processing and analysis capabilities into the ISR ecosystem. The company's solutions are based on cloud-based technologies taking the need for mobility and cyber security into full account.
Ball Aerospace has a proven history of utilizing the technologies, products and services of small businesses. Under the ATEP II contract, Invertix and Ball Aerospace will continue providing R&D, systems engineering, and data analysis support to the U.S. Air Force and the Dayton region for the next decade.
"This win—win teaming agreement highlights the complementary strengths of Ball and Invertix to perform multiple technology and service-based projects," said Dan Gibson, vice president and general manager of Ball's Systems Engineering Solutions business unit. "We expect this to be a successful relationship on ATEP II as well as on other federal contracts that leverage our mutual strengths."
The teaming agreement allows Invertix, as the prime contractor, to extend its GEOINT and MASINT offerings to NASIC and affords Ball Aerospace the opportunity to maintain its position as a leader in innovative data exploitation technologies.
"Invertix and Ball Aerospace are a perfect match as we move forward in a world focused on affordability and best value," said Art Hurtado, Invertix CEO. "Together our companies provide the government with considerable technical offerings that our customers expect."
Invertix Corporation serves the intelligence, national security, and domestic security communities by developing and integrating advanced solutions and bridging the gap between science and technology and operations. Invertix takes an open architectural approach leveraging open source as well as its own intellectual property to help customers deploy these solutions in a highly cost effective and scalable manner. For more information visit www.invertix.com.
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, and of aerospace and other technologies and services, primarily for the U.S. government. Ball Corporation and its subsidiaries employ approximately 15,000 people worldwide and reported 2012 sales of more than $8.7 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 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 & Technologies Corp.
