Media Contact: Roz Brown or call 303-533-6059
Ball Aerospace Completes STPSat-2 Satellite Pre Shipment
October 13, 2009
BOULDER, Colo. -- Ball Aerospace & Technologies
Corp. has successfully completed a comprehensive pre-shipment review for
STPSat-2, the first spacecraft for the Department of Defense (DoD) Space Test
Program Standard Interface Vehicle (STP-SIV) program. Launch of the vehicle is
scheduled for the second quarter of 2010 on a Minotaur IV rocket from Alaska's
Kodiak Launch Complex.
The pre-shipment review was completed on Sept. 17, following assembly and
performance testing of the standard vehicle and standard payload interface which
is designed to accelerate the DoD's space technology efforts. The testing also
included functional and environmental testing of the STPSat-2 payload suite,
which is comprised of the Air Force Research Laboratory's Space Phenomenology
Experiment and ONR's Ocean Data Telemetry Microsat Link.
"Completion of the first STP vehicle is a tremendous achievement toward the goal
of increasing access to space for future DoD payloads," said David L. Taylor,
Ball Aerospace president and CEO. "Ball Aerospace is confident the repeatable
design used for STP-SIV program will help pave the way for reducing cost,
schedule and risk on DoD missions."
STP-SIV is capable of supporting a variety of experimental and risk reduction
payloads and multiple launch vehicles. Using flight-proven hardware for the
spacecraft (and developmental hardware only on the experimental payloads), each
bus can accommodate up to four independent payloads, each one having its own
separate power and data interface. Ball Aerospace has already begun production
on the second STP-SIV, designated STPSat-3, following a contract award from the
Air Force Space Development & Test Wing Space Development Group at Kirtland Air
Force Base, Albuquerque, N.M., earlier this year.
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.
Ball Corporation (NYSE: BLL) is a supplier of high-quality metal and plastic
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 2008 sales of approximately $7.6 billion.
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 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, including our beverage can end project; 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; changes in senior management; the current global credit squeeze and its
effects on liquidity, credit risk, asset values and the economy; successful or
unsuccessful acquisitions, joint ventures or divestitures; integration of
recently acquired businesses; regulatory action or laws including tax,
environmental, health and workplace safety, including in respect of 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; reduced cash flow; interest rates affecting
our debt; and changes to unaudited results due to statutory audits or other