BOULDER, Colo., April 18, 2014 /PRNewswire/ -- For the second consecutive year Ball Aerospace & Technologies Corp. has been chosen by The Boeing Company as a Supplier of the Year for avionics from a group of 14,000 active suppliers in 16 categories from 50 countries around the globe.
The 2013 award honored Ball's exceptional performance and contributions on antenna programs including the F/A-18 and Harpoon. The award was presented during a ceremony in Chicago on April 17. The Boeing Supplier of the Year awards are based on statistical measurements of quality, on-time delivery, post-delivery support, cost, and the ability to anticipate and respond to changing customer requirements.
"It's extremely satisfying to have been chosen for Boeing's Supplier Award two years in a row," said Rob Freedman, vice president and general manager for Ball's Tactical Solutions business unit. "For nearly 60 years Ball has proven its innovation and affordability on avionics systems. We value the recognition of Ball's outstanding day-to-day performance delivering critical products to protect our nation."
"With increasing competition and tightening budgets, it's more important than ever to have a global supply chain that is committed to first-time quality and component reliability and consistently delivers high performance," said Jack House, vice president, Supplier Management for Boeing Defense, Space & Security. "Our Supplier of the Year award winners have demonstrated that they are willing to help us create a long-term competitive advantage, leading to our collective success."
For more than 33 years, Ball Aerospace has provided Boeing with on-time delivery and reliable performance while continually improving thousands of conformal high performance array antennas for the Harpoon anti-ship and land-strike missile. Additionally, the Ball Aerospace Tactical Solutions antenna unit has delivered over 500 F/A-18 units in the past decade, with 100 percent on-time delivery and quality. Ball Aerospace has been a recipient of the Boeing Performance Excellence Award, which is a requirement to be nominated for a Supplier of the Year award, five times.
Ball Aerospace & Technologies Corp. supports critical missions for national agencies such as the Department of Defense, NASA, NOAA and other U.S. government and commercial entities. The company develops and manufactures spacecraft, advanced instruments and sensors, components, data exploitation systems and RF solutions for strategic, tactical and scientific applications. For more information, visit www.ballaerospace.com.
Ball Corporation (NYSE: BLL) supplies innovative, sustainable packaging solutions for beverage, food and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 14,500 people worldwide and reported 2013 sales of $8.5 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter.
Forward-Looking Statements This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates" and similar expressions identify forward-looking statements. Such statements are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed or implied. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key risks and uncertainties are summarized in filings with the Securities and Exchange Commission, including Exhibit 99 in our Form 10-K, which are available on our website and at www.sec.gov. Factors that might affect: a) our packaging segments include product demand fluctuations; availability/cost of raw materials; competitive packaging, pricing and substitution; changes in climate and weather; crop yields; competitive activity; failure to achieve productivity improvements or cost reductions; mandatory deposit or other restrictive packaging laws; changes in major customer or supplier contracts or loss of a major customer or supplier; political instability and sanctions; and changes in foreign exchange or tax rates; b) our aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) the company as a whole include those listed plus: changes in senior management; successful or unsuccessful acquisitions and divestitures; regulatory action or issues including tax, environmental, health and workplace safety, including U.S. FDA and other actions or public concerns affecting products filled in our containers, or chemicals or substances used in raw materials or in the manufacturing process; technological developments and innovations; litigation; strikes; labor cost changes; rates of return on assets of the company's defined benefit retirement plans; pension changes; uncertainties surrounding the U.S. government budget, sequestration and debt limit; reduced cash flow; ability to achieve cost-out initiatives; interest rates affecting our debt.