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CIRCOR Aerospace Receives Airbus SQIP Best Performer Award

Stocks in this article: CIR

CIRCOR Aerospace, Inc., a CIRCOR International, Inc. (NYSE: CIR) company, was presented with the Airbus Equipment and Systems SQIP Best Performer award for 2011. The SQIP (Supply Chain and Quality Improvement Program) award is presented by Airbus to four suppliers each year for excellent and sustainable performance on serial programs. CIRCOR Aerospace provides Airbus with fluid control components.

"CIRCOR is honored to be one of only four companies recognized by Airbus as a “Best Performer” out of approximately 250 suppliers,” said CIRCOR Aerospace Group Vice President Michael Dill. “This award reflects the accomplishments that we have made through our Operational Excellence journey. Our team members made this award possible and we look forward to continuing to accelerate CIRCOR Aerospace’s progress toward exceeding customer standards and competing more effectively."

The criteria for the prestigious award requires over 98% on-time delivery; zero reported quality survey audits; achievement of an Industrial level process control minimum level A; and to have an established strategic business with Airbus.

About CIRCOR Aerospace, Inc.

CIRCOR Aerospace, Inc. (CAI) is a CIRCOR Aerospace company located in Corona, California, and is focused on the design, development, and manufacture of specialty fluidic control and actuation systems, and aircraft landing gear systems for demanding aerospace and defense applications. CAI provides a full range of check, relief, and electro-mechanically actuated valves, actuation systems, manifold assemblies, and complete landing gear systems. CIRCOR International is headquartered in Burlington, Massachusetts and the CIRCOR Aerospace Products group is headquartered in Corona, California. For more information, please visit: www.circoraerospace.com.

About CIRCOR International, Inc.

CIRCOR International, Inc. designs, manufactures and markets valves and other highly engineered products for the energy, aerospace and industrial markets. With more than 7,500 customers in over 100 countries, CIRCOR has a diversified product portfolio with recognized, market-leading brands. CIRCOR’s culture, built on the CIRCOR Business System, is defined by the Company’s commitment to attracting, developing and retaining the best talent and pursuing continuous improvement in all aspects of its business and operations. The Company’s strategy includes growing organically by investing in new, differentiated products; adding value to component products; and increasing the development of mission-critical subsystems and solutions. CIRCOR also plans to leverage its strong balance sheet to acquire strategically complementary businesses. For more information, visit the Company’s investor relations website at http://investors.circor.com.



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