April 19, 2013
/PRNewswire/ -- Boeing (NYSE: BA) honored 16 companies and one university last night with its Supplier of the Year awards, recognizing those organizations' exceptional performance and contributions to Boeing's success during 2012.
The awards are based on meeting or exceeding quality, on-time delivery, post-delivery support and affordability goals, and demonstrating the ability to anticipate and respond to changing requirements.
"We count on these important partners to help us deliver market-leading products and services that satisfy our customers," said
, Boeing chairman, president and CEO. "They represent the best of a high-performing, global supply chain that keeps us at the forefront of technology and innovation."
Each year, Boeing buys more than
in goods and services from more than 23,000 suppliers around the world.
"These partners are critical to helping Boeing provide our customers the most affordable, highest-quality products and services possible," said
, leader of Boeing's Supplier Management program. He added Boeing must have a global supply chain that is capable of recognizing and reducing risk, while demonstrating a strong commitment to customer service and consistent performance excellence.
In 2012, Boeing's global supply chain contributed more than 60 percent of the value of its products, helping the company recapture market share leadership in commercial aerospace. Boeing delivered 601 airplanes – the most in more than a decade – including a single-year record of 415 737s and the 1,000th 777. Suppliers also supported delivery of 144 production military aircraft, including the first Block C V-22 Osprey and P-8A Poseidon for the U.S. Navy and 10 satellites.
The list of award categories and recipients follows below. For more information on each supplier, click on the link. Each supplier is also profiled in
this video gallery
Kaman Engineering Services
Ball Aerospace & Technologies Corp.
Common Aerospace Commodities
TW Metals, Inc.
Victory Solutions, Inc.
The Goodyear Tire & Rubber Company
Korea Aerospace Industries, Ltd.
– Sacheon City, Republic of Korea
Folsom Tool Corp.
NextGen Aeronautics, Inc.
Leader's Choice Awards
(outstanding performance as a strategic university)
California State University, Long Beach – College of Engineering
Long Beach, Calif.
(exceeding cost performance goals and objectives)
(sharing risks in introduction of new products)
LMI Aerospace, Inc.
St. Charles, Mo.
(outstanding performance improvements)
Quality Tech Mfg, Inc.
Korean Air Aerospace Division