| Navy Lifts Stop Work Order as GAO Rules
in Favor of United Defense Ship Repair Contract
Contact:
Doug Coffey, Media
United Defense Industries, Inc.
doug.coffey@baesystems.com
(703) 312-6121
Jackie Kreisler, Media
United States Marine Repair
kreislerj@baesystems.com
(619) 557-4289
NORFOLK, VA, April 25, 2005 - United Defense Industries,
Inc. (NYSE: UDI) announced today that the Government Accountability
Office ruled in favor of the U.S. Navy's Best Value Award decision
to the Company’s Norfolk, Virginia, shipyard, NORSHIPCO, of
the Amphibious Assault Ship, LHA/LHD, multi-ship, multi-option contract,
originally awarded in December, 2004.
The GAO decision to deny the protest allows the Navy and NORSHIPCO
to immediately resume repairs and modernization of the LHA/LHD class
of vessel.
About United Defense
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. To learn more about United Defense, visit
http://www.uniteddefense.com.
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 10K 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.
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