Ball Corp. BALL

NYS: BALL | ISIN: US0584981064   19/04/2024
64,95 USD (+0,93%)
(+0,93%)   19/04/2024

Ball Aerospace Selected to Support National Scientific and Technical Intelligence Mission for Next Decade

BROOMFIELD, Colo., March 1, 2023 /PRNewswire/ -- Ball Aerospace received a subcontract award to support the NOVASTAR program operated by the National Air and Space Intelligence Center (NASIC), located on Wright-Patterson Air Force Base near Dayton, Ohio. Ball Aerospace will be a core team member of prime contractor, Modern Technology Solutions, Inc. (MTSI).  

In addition to Ball Aerospace, the MTSI team includes other companies and multiple small businesses. NOVASTAR is an 11-year indefinite-delivery/indefinite-quantity agreement to provide scientific and technical intelligence (S&TI) support to the U.S. Air Force, Department of Defense and other national-level intelligence organizations.

"This is our first collaborative opportunity with MTSI and we look forward to partnering with them on this important mission," said Steven Smith, vice president and general manager, Advanced Technology & Information Solutions, Ball Aerospace. "We will leverage our decades of experience in data exploitation and analysis, modern cloud-based technologies, and machine learning and artificial intelligence to support decision makers and our warfighters."

NOVASTAR consolidates numerous development and intelligence analysis service contracts into one comprehensive and flexible S&TI contract. The program supports all NASIC missions and disciplines.

As part of this contract, Ball Aerospace provides technical expertise in several areas, including electro-optical and spectral research and data analysis, systems and software development, and other S&TI support services.

The NOVASTAR contract continues a long relationship between NASIC and Ball Aerospace, which has provided services to the center for more than three decades. In 2019, Ball Aerospace was selected as one of multiple prime contractors on NASIC's MEGASTAR program, a program to conduct scientific and technical intelligence, spanning multiple mission areas within the center. Ball Aerospace has received numerous prime and subcontract task order awards under this Contractor Teaming Arrangement (CTA) contract.

Powered by endlessly curious people with an unwavering mission focus, Ball Aerospace pioneers discoveries that enable our customers to perform beyond expectation and protect what matters most. We create innovative space solutions, enable more accurate weather forecasts, drive insightful observations of our planet, deliver actionable data and intelligence, and ensure those who defend our freedom go forward bravely and return home safely. Go Beyond with Ball.® For more information, visit www.ball.com/aerospace or connect with us on Facebook or Twitter.

About Ball Corporation
Ball Corporation (NYSE: BALL) supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 21,000 people worldwide and reported 2022 net sales of $15.35 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter.

Forward-Looking Statements 
This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates," "believes," and similar expressions typically identify forward-looking statements, which are generally any statements other than statements of historical fact. Such statements are based on current expectations or views of the future and are subject to risks and uncertainties, which could cause actual results or events to differ materially from those expressed or implied. You should therefore not place undue reliance upon any forward-looking statements and they should be read in conjunction with, and qualified in their entirety by, the cautionary statements referenced below. Ball undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key factors, risks and uncertainties that could cause actual outcomes and results to be different are summarized in filings with the Securities and Exchange Commission, including Exhibit 99 in Ball's Form 10-K, which are available on Ball's website and at www.sec.gov. Additional factors that might affect: a) Ball's packaging segments include product capacity, supply, and demand constraints and fluctuations and changes in consumption patterns; availability/cost of raw materials, equipment, and logistics; competitive packaging, pricing and substitution; changes in climate and weather and related events such as drought, wildfires, storms, hurricanes, tornadoes and floods; footprint adjustments and other manufacturing changes, including the startup of new facilities and lines; failure to achieve synergies, productivity improvements or cost reductions; unfavorable mandatory deposit or packaging laws; customer and supplier consolidation; power and supply chain interruptions; changes in major customer or supplier contracts or loss of a major customer or supplier; inability to pass through increased costs; war, political instability and sanctions, including relating to the situation in Russia and Ukraine and its impact on Ball's supply chain and its ability to operate in Europe, the Middle East and Africa regions generally; changes in foreign exchange or tax rates; and tariffs, trade actions, or other governmental actions, including business restrictions and orders affecting goods produced by Ball or in its supply chain, including imported raw materials; b) Ball's aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) Ball as a whole include those listed above plus: the extent to which sustainability-related opportunities arise and can be capitalized upon; changes in senior management, succession, and the ability to attract and retain skilled labor; regulatory actions or issues including those related to tax, environmental, social and governance reporting, competition, environmental, health and workplace safety, including U.S. Federal Drug Administration and other actions or public concerns affecting products filled in Ball's containers, or chemicals or substances used in raw materials or in the manufacturing process; technological developments and innovations; the ability to manage cyber threats; litigation; strikes; disease; pandemic; labor cost changes; inflation; rates of return on assets of Ball's defined benefit retirement plans; pension changes; uncertainties surrounding geopolitical events and governmental policies, including policies, orders, and actions related to COVID-19; reduced cash flow; interest rates affecting Ball's debt; and successful or unsuccessful joint ventures, acquisitions and divestitures, and their effects on Ball's operating results and business generally.

 

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