Barnes Aerospace Receives Supplier of the Year Award from Northrop Grumman.BRISTOL, Conn. -- Barnes Aerospace, a business unit of Barnes Group Inc. (NYSE NYSE See: New York Stock Exchange : B), announced it has been recognized as 2005 Supplier of the Year by Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. Corporation's (NYSE: NOC (Network Operations Center) A central or regional location for monitoring a large network. Also called a "network management center" (NMC), "service management center" (SMC) or "network control center" (NCC), a NOC may be used to manage a large enterprise network, ) Integrated Systems sector for its work in the manufacture of sheet metal components and assemblies for the E-2C E-2C Hawkeye; Navy Airborne Warning and Control System Aircraft Hawkeye and Joint Strike Fighter programs The Joint Strike Fighter (JSF) became synonymous with the later F-35 Lightning II, however until 2001 the term was applied to the competition between the Boeing X-32 and Lockheed Martin X-35. . Recognized for this award is Barnes Aerospace's Ogden division in Ogden, Utah Ogden is the county seat of Weber County,GR6 Utah, United States. A 2006 estimate placed its population at 78,086. The city served as a major railway hub through much of its history, and still handles a great deal of freight rail traffic which makes it a . Barnes Aerospace Ogden was one of eight companies to receive a Supplier of the Year designation in this, the second year of the awards program. "It was the employees of Barnes Aerospace who earned this recognition from Northrop Grumman, one of Barnes Aerospace's valued customers," said Patrick J. Dempsey, President, Barnes Aerospace. "Everyone at Barnes Aerospace is dedicated to providing superior manufacturing expertise and the highest quality products to our customers. Barnes Aerospace is honored to be recognized with this prestigious award, and very proud to be part of the Northrop team." Northrop Grumman developed its Supplier of the Year Award program to recognize the critical role that its suppliers play in the delivery of high-performance products that the company produces for U.S. and international customers. Every supplier is "graded" quarterly on parameters such as quality, on-time delivery and participation in affordability initiatives. To be considered for a Supplier of the Year award, a company must demonstrate consistent superior performance in delivering products and services to Northrop Grumman. The program is an outgrowth of the company's strategic sourcing initiative, an effort started in 2003 to build stronger long-term relationships between the company and its suppliers. "The support of our suppliers is critical to our sector's ability to produce and deliver affordable, high performance products," said Scott J. Seymour, Northrop Grumman corporate vice president and president of the Integrated Systems sector. "Their commitment, innovation, integrity and sustained levels of excellence play a substantial role in our success." Northrop Grumman is the prime contractor for a variety of tactical and strategic airborne systems, including the U.S. Air Force's B-2 stealth bomber, the Joint Surveillance Target Attack Radar System, and Global Hawk unmanned aerial reconnaissance system; and the U.S. Navy's E-2 family of early warning and battle management aircraft, among others. It also serves as a major subcontractor One who takes a portion of a contract from the principal contractor or from another subcontractor. When an individual or a company is involved in a large-scale project, a contractor is often hired to see that the work is done. to Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. on the F-35 Joint Strike Fighter program, and to Boeing on the Navy's F/A-18 program. Barnes Group Inc. (www.barnesgroupinc.com) is a diversified international manufacturer of precision metal components and assemblies and a distributor of industrial supplies, serving a wide range of markets and customers. Founded in 1857 and headquartered in Bristol, Connecticut Bristol is a city located in Hartford County, Connecticut, 20 miles (32 km) southwest of Hartford. According to 2006 Census Bureau estimates, the population of the city is 61,353. , Barnes Group consists of three businesses with 2005 sales of $1.1 billion: Barnes Distribution, an international, full-service distributor of maintenance, repair, operating, and production supplies; Associated Spring, one of the world's largest manufacturers of precision mechanical and nitrogen gas products and a global supplier of retaining rings, reed valves Reed valves restrict flow of gases to a single direction and consist of thin flexible metal or fiberglass strips fixed on one end that open and close upon changing pressures across opposite sides of the valve. They operate in a similar manner to heart valves. , shock discs, and injection-molded plastic components and assemblies; and Barnes Aerospace, a manufacturer and repairer of highly engineered assemblies and components of aircraft engines, airframes, and land-based industrial gas turbines. Over 6,000 dedicated employees at more than 60 locations worldwide contribute to Barnes Group Inc.'s success. The Company has paid cash dividends to stockholders on a continuous basis since 1934. |
|
|||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion