Business
Lockheed Martin STAR Supplier
Lockheed Martin STAR Supplier.
About this update from Concurrent Technologies Plc
[{"type":"text","content":"\n RNS Number : 5315H Concurrent Technologies PLC 23 February 2010 \n \n\nConcurrent Technologies Plc\n \nLockheed Martin STAR Supplier Award Win \n \nConcurrent Technologies Plc (\"Concurrent\" or the \"Company\"), a leading developer and manufacturer of high end embedded computer products for critical applications in the defence, communications, transportation, aerospace and industrial markets, is pleased to announce it has been presented with a STAR Supplier Award from Lockheed Martin Corporation (\"Lockheed Martin\") for supplier performance excellence. \nAt a recent ceremony at Lockheed Martin's Eagan, Minnesota, USA facility, Concurrent was presented with a STAR Supplier Award by senior management of Lockheed Martin. Concurrent supplies high performance single board computers and this award recognises the Company as one of the top-performing suppliers to Lockheed Martin.\nThe prestigious award is made only to Lockheed Martin suppliers who distinguish themselves by meeting some of the most stringent performance criteria in the aerospace industry. Concurrent met the rigorous established criteria for Lockheed Martin's Supplier Performance Evaluation metric that evaluates Quality, Delivery, Affordability and Management/Administration. First established in 1999, this award is an effort to quantitatively measure supplier quality and to create a group of preferred suppliers.\nLockheed Martin STAR Suppliers are provided visibility across Lockheed Martin Corporation. This results in increased opportunity for more business and consideration for reduction of Lockheed Martin oversight at the supplier level.\nGlen Fawcett, Managing Director, Concurrent Technologies, commented:\n\"We are delighted to have earned this very prestigious recognition from Lockheed Martin for our products and services. This is quite an achievement for our Company and serves to demonstrate the quality of our work as well as strength of our client relationships.\" \n\"We have been a long standing partner for a number of years and are very pleased with this recognition for our performance, along with the subsequent visibility that it will bring. Concurrent will strive to maintain our excellent level of service and performance to customers, as well as continue to develop and deliver the innovative products that pla...