Ball Aerospace Completes Final Phase of $75M Manufacturing Expansion

     Ball Aerospace Completes Final Phase of $75M Manufacturing Expansion

Capital investment more than doubles spacecraft production to accommodate
business growth and new programs

PR Newswire

BOULDER, Colo., Jan. 25, 2013

BOULDER, Colo., Jan. 25, 2013 /PRNewswire/ --Ball Aerospace & Technologies
Corp. opened the door today on a new era of space programs by celebrating the
completion of an advanced satellite manufacturing center that more than
doubles current spacecraft production capability. The 90,000-square-foot
expansion is designed to accommodate larger and more sophisticated satellites
and simultaneous spacecraft builds to fulfill new NASA and the Department of
Defense contracts for space-related assets.

(Logo: http://photos.prnewswire.com/prnh/20130108/LA39163LOGO)

The $75M capital investment includes expansion and improvements underway since
2005 at Ball's Fisher Integration Facility, 1600 Commerce Street, Boulder,
Colo., and comes on the heels of the opening of expanded facilities at the
company's manufacturing center in Westminster, Colo., in 2011.

"Ball Aerospace plays a vital role on many of our nation's most critical
programs and is committed to meeting customer mission needs for decades to
come," said David L. Taylor, Ball Aerospace president and CEO. "The expansion
we proudly unveil today also affirms our commitment to growing Colorado's
dynamic aerospace economy."

The larger aerospace manufacturing complex in Boulder includes a 60-percent
increase in clean room space, state-of-the-art environmental testing systems,
and build-out capacity for a larger thermal vacuum chamber to test spacecraft.
These spacecraft include NASA's Joint Polar Satellite System, the WorldView-3
remote-sensing satellite for DigitalGlobe, the Sentinel Mission for the B612
Foundation and multiple Department of Defense and national security
missions.The new facilities enable Ball to provide the full range of
manufacturing, assembly, integration and test capabilities needed to be the
industry's go-to partner for high-performance satellites and instruments.

Ball Aerospace has more than 2,800 employees and reported sales of $784
million in 2011. In the past five decades, the company's strength has grown in
several areas, including space science and exploration; space-based monitoring
of the Earth's weather and environment; intelligence, surveillance and
reconnaissance; supporting the military in creating an integrated battlespace;
and building space superiority for the nation. Ball is also a leading provider
of commercial remote-sensing satellites.

Ball Aerospace & Technologies Corp. supports critical missions for national
agencies such as the Department of Defense, NASA, NOAA and other U.S.
government and commercial entities. The company develops and manufactures
spacecraft, advanced instruments and sensors, components, data exploitation
systems and RF solutions for strategic, tactical and scientific applications.
For more information visit www.ballaerospace.com.

Ball Corporation (NYSE:BLL) is a supplier of high quality packaging for
beverage, food and household products customers, and of aerospace and other
technologies and services, primarily for the U.S. government. Ball Corporation
and its subsidiaries employs approximately 15,000 people worldwide and
reported 2011 sales of more than $8.6 billion. For the latest Ball news and
for other company information, please visit http://www.ball.com.

Forward-Looking Statements

This release contains "forward-looking" statements concerning future events
and financial performance. Words such as "expects," "anticipates, "
"estimates" and similar expressions are intended to identify forward-looking
statements. Such statements are subject to risks and uncertainties which could
cause actual results to differ materially from those expressed or implied. The
company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. Key risks and uncertainties are summarized in filings
with the Securities and Exchange Commission, including Exhibit 99.2 in our
Form 10-K, which are available on our website and at www.sec.gov. Factors that
might affect our packaging segments include fluctuation in product demand and
preferences; availability and cost of raw materials; competitive packaging
availability, pricing and substitution; changes in climate and weather; crop
yields; competitive activity; failure to achieve anticipated productivity
improvements or production cost reductions; mandatory deposit or other
restrictive packaging laws; changes in major customer or supplier contracts or
loss of a major customer or supplier; political instability and sanctions; and
changes in foreign exchange rates or tax rates. Factors that might affect our
aerospace segment include: funding, authorization, availability and returns of
government and commercial contracts; and delays, extensions and technical
uncertainties affecting segment contracts. Factors that might affect the
company as a whole include those listed plus: accounting changes; changes in
senior management; the recent global recession and its effects on liquidity,
credit risk, asset values and the economy; successful or unsuccessful
acquisitions; regulatory action or laws including tax, environmental, health
and workplace safety, including U.S. FDA and other actions affecting products
filled in our containers, or chemicals or substances used in raw materials or
in the manufacturing process; governmental investigations; technological
developments and innovations; goodwill impairment; antitrust, patent and other
litigation; strikes; labor cost changes; rates of return projected and earned
on assets of the company's defined benefit retirement plans; pension changes;
uncertainties surrounding the U.S. government budget and debt limit; reduced
cash flow; interest rates affecting our debt; and changes to unaudited results
due to statutory audits or other effects.

SOURCE Ball Aerospace & Technologies Corp.

Website: http://www.ballaerospace.com
Contact: Roz Brown, +1-303-533-6059, rbrown@ball.com