Ceradyne Gets Army Order

Shipments are expected to start this month.
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Ceradyne (CRDN) got a $70 million U.S. Army body armor order.

The Costa Mesa, Calif., maker of ceramic body armor said the contract covers new designs developed to protect the side of a soldier's torso. Ceradyne plans to start shipments this month and to complete the order next quarter.

Early Friday, Ceradyne rose $2.01 to $52.57.