USCF ETF Trust (NYSE:UDI)
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United Defense Industries, Inc. (NYSE:UDI) announced
today that Military Sealift Command awarded a fixed-price, $1.6
million contract to NORSHIPCO, for work on USNS LARAMIE (T-AO 203). If
all options are exercised the award could total slightly over $2
million. The ship's availability starts on June 13, 2005 and is
scheduled to complete on July 15, 2005.
About United Defense Industries, Inc.
United Defense designs, develops and produces combat vehicles,
artillery, naval guns, missile launchers and precision munitions used
by the U.S. Department of Defense and allies worldwide, and provides
non nuclear ship repair, modernization and conversion to the U.S. Navy
and other U.S. Government agencies.
Forward Looking Statements
Information in this release may involve guidance, expectations,
beliefs, plans, intentions or strategies regarding the future. These
forward-looking statements involve risks and uncertainties. All
forward-looking statements included in this release are based upon
information available to United Defense Industries, Inc., as of the
date of the release, and we assume no obligation to update any such
forward-looking statements. The statements in this release are not
guarantees of future performance and actual results could differ
materially from our current expectations. Numerous factors could cause
or contribute to such differences. Please refer to the Company's
Annual Report on Form 10-K for the year ended December 31, 2004, and
in our other reports filed from time to time with the Securities and
Exchange Commission for a further discussion of the factors and risks
associated with our business.