Lockheed Martin : Recognizes Big Achievements of Small Business Suppliers
May 25, 2016 at 12:41 pm EDT
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ORLANDO, Fla., May 25, 2016 - Lockheed Martin (NYSE: LMT) recognized 19 small business suppliers, out of thousands from across the nation, who have made extraordinary contributions to the Missiles and Fire Control business area's products and services.
For more than 20 years, Lockheed Martin has annually celebrated small business suppliers providing quality goods and services, and outstanding support.
'Lockheed Martin relies on the outstanding performance of our small business partners to help us produce superior defense systems and advanced technologies that protect allied warfighters around the world,' said John Varley, vice president of global supply chain at Lockheed Martin Missiles and Fire Control. 'Our small business suppliers deliver innovative, high-quality, high-performing components that help us meet or exceed our customers' expectations.'
For 2015, the outstanding small business providers are (organized by state):
Production Engineering Corp., Minneapolis, Minnesota
Marotta Controls, Inc., Montville, New Jersey
American Products Company Inc., Union, New Jersey
PLX, Inc., Deer Park, New York
General Tool Company, Cincinnati, Ohio
Cera-Met, LLC, Bethlehem, Pennsylvania
Container Research Corporation, Glen Riddle, Pennsylvania
Schmiede Corporation, Tullahoma, Tennessee
Holleman Construction Company, Inc., Dallas, Texas
Mill-Tech Industries, Inc., Grand Prairie, Texas
For additional information, visit our website: www.lockheedmartin.com.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 125,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
Lockheed Martin Corporation published this content on 25 May 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 May 2016 16:40:03 UTC.
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Lockheed Martin Corporation specializes in the design, manufacturing and marketing of aeronautic, submarine, and aerospace systems. Net sales break down by activity as follows:
- sale of aeronautic systems (40.7%): military and civilian aircraft, primarily for government organizations;
- sale of helicopters, mission and electronic systems (24%): military and commercial helicopters, ships, sea and land-based missile defense systems, radars, sensors, sea and air-based mission and combat systems, training systems, cyber solutions, command, control and communication systems, surveillance and reconnaissance systems, simulation and training systems, etc.;
- sales of aerospace systems (18.7%): satellite systems, missile systems and space transport systems;
- sale of air defense and fire control systems (16.6%): air and missile defense systems, tactical missiles, precision strike weapons systems, fire control systems, etc. The group also offers support services for mission operations, preparation, technical support, integration services, etc.
Net sales break down by source of income into sales of products (83.3%) and services (16.7%).
Net sales are distributed geographically as follows: the United States (74.3%), Europe (9.5%), Asia/Pacific (8.3%), Middle East (5.8%) and other (2.1%).
LOCKHEED MARTIN CORPORATION 
