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body armor firm buys helmet technology

Posted on June 14, 2009 - Filed Under Body Armor |

body armor,In other news today, Ceradyne again cut its 2009 earnings forecast to 70 cents a share, down from $1.60 projected in April. The company blamed economic weakness and fewer-than-expected shipments of armor. The Diaphorm acquisition is not expected to materially affect Ceradyne’s profits this year, Ceradyne said.
 Ceradyne said its strategy in the new acquisition is to use its successful track record in combat armor production to make Diaphorm’s proprietary helmet-forming technology into world-class enhanced combat helmets. The goal is to combine increased levels of protection, high-volume repeatable manufacturing and on-time delivery for expedited contracts.
 In a related move, Ceradyne has submitted a proposal to the U.S. Marine Corps Systems Command for “Enhanced Combat Helmets.” The Marines want to buy prototype combat helmets for both the Marines and Army.
 Diaphorm, with estimated 2009 sales between $3 million to $4 million, was founded in 2004 to research, manufacture and market ballistic helmets. It currently makes polymer helmets for the law enforcement, security and paramilitary markets.
 Diaphorm has recently filed multiple patent applications around its helmet and plate manufacturing methods, and Ceradyne anticipates that there will be additional filings in the future.
“The acquisition paves the way for our entry into the protective combat and non-combat helmet market. This acquisition combines excellent technology with our ability to produce high-volume protective products for military applications, said, David Reed, Ceradyne’s president of North American Operations .


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