Thu, July 22, 2010
Wed, July 21, 2010
Tue, July 20, 2010
Mon, July 19, 2010
Sat, July 17, 2010
Fri, July 16, 2010
[ Fri, Jul 16th 2010 ] - Market Wire
Everton: Granting of Options
Thu, July 15, 2010
Wed, July 14, 2010
[ Wed, Jul 14th 2010 ] - Market Wire
No Double Dips Here

PPG Signs $1.2 Million BAE Systems Contract for Military Vehicle Transparencies


//business-finance.news-articles.net/content/201 .. ontract-for-military-vehicle-transparencies.html
Published in Business and Finance on Monday, July 19th 2010 at 3:22 GMT by Market Wire   Print publication without navigation


SYLMAR, Calif.--([ BUSINESS WIRE ])--The transparent armor and specialty products group of PPG Industries? (NYSE:PPG) aerospace business has won a contract with BAE Systems, Inc., for specialty transparencies that afford ballistics protection for gunners on U.S. Marine Corps tactical vehicles. The $1.2 million contract calls for PPG to supply Marine Corps Transparent Armor Gun Shields (MCTAGS).

"We value the confidence BAE Systems has shown in us and our product."

PPG Aerospace has begun production of the units at its Sylmar aerospace transparencies and specialty products facility. Deliveries have begun to the BAE Systems U.S. Combat Systems plant in Louisville, Ky.

?As a previous supplier to BAE Systems, PPG Aerospace is pleased to have this additional opportunity to demonstrate its manufacturing excellence for transparent armor,? said Duke Montague, PPG Aerospace segment manager, transparent armor and specialty products. ?We value the confidence BAE Systems has shown in us and our product.?

BAE Systems provides MCTAGS kits for Medium Tactical Vehicle Replacement units, High Mobility Multipurpose Wheeled Vehicles and Logistics Vehicle Systems under contract with the U.S. Marine Corps. MCTAGS kits further enhance survivability for Marines by providing a gunner?s protection system that enables direct vision, situational awareness and target acquisition while providing enhanced protection from small arms fire and improvised explosive device (IED) fragments.

PPG Aerospace is the aerospace products and services business of PPG Industries. PPG Aerospace ? Transparent Armor and Specialty Products produces a wide variety of ballistic transparent laminates for the military vehicle, military marine and rail industries.

About PPG
PPG Industries? vision is to continue to be the world?s leading coatings and specialty products company. Founded in 1883, the company serves customers in industrial, transportation, consumer products, and construction markets and aftermarkets. With headquarters in Pittsburgh, PPG operates in more than 60 countries around the globe. Sales in 2009 were $12.2 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit [ www.ppg.com ].


Publication Contributing Sources