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07 Dec 17. Merrill Aviation & Defense, a division of Merrill Technologies Group (Merrill), received an Outstanding Small Business Strong Award for their support to Lockheed Martin Rotary and Mission Systems. The award ceremony took place in Orlando, FL on November 15, 2017.
Lockheed Martin has some 10,000 suppliers that they rely upon to provide quality goods, services and support. Merrill was selected as one of 16 suppliers to receive this award at the November 2017 event.
“Merrill has been outstanding in support of many program critical requests from the production team to their executive leadership,” says Kristin Graham, Lockheed Martin Subcontract Senior Administrator. Our companies have cultivated a transparent working relationship. Through this relationship, Merrill has leveraged their welding and machining expertise to develop a process which allows them to produce a compliant product at an affordable cost,” said Graham.
Merrill is comprised of nearly 800,000 sq. ft. of vertically integrated floor space, providing manufacturing services such as design, fabrication, machining and integration of components, systems and programs.
“Merrill is honored to partner with Lockheed to make one of their critical defense programs a success,” says Robert Yackel, President and Chief Executive Officer of Merrill. “We pride ourselves on our Anything’s Possible culture. We take everyday challenges and find solutions. If you need it, we can make it.”
The Strong Supplier Award isn’t the first for Merrill, receiving supplier awards from some of the major players within the manufacturing industry such as Sikorsky, Caterpillar and NOV.
07 Dec 17. Raytheon Company (NYSE: RTN) marked its 30-year anniversary of partnership with the United Arab Emirates by announcing it has formed Raytheon Emirates, a new, wholly owned subsidiary incorporated and headquartered in Abu Dhabi. The creation of Raytheon Emirates supports the Abu Dhabi Economic Vision 2030 by forming an aerospace and defense business that fosters cyber-secure digital transformation, contributes to the nation’s economic diversification, and employs a highly skilled, highly productive Emirati workforce.
“The establishment of Raytheon Emirates is a strong step forward in our longstanding alliance with the United Arab Emirates,” said Thomas A. Kennedy, Raytheon Company Chairman and CEO. “Through partnerships with government, industry and academia, Raytheon is committed to helping the UAE achieve its economic goals while providing trusted, innovative solutions that support the nation’s defense and security requirements.”
The new subsidiary will oversee Raytheon’s operations in the Emirates by leveraging capabilities and resources in the fields of cybersecurity, effectors, air defense and sustainment, and advanced technology, and by applying Raytheon expertise, processes and systems to the development of human capital and locally based suppliers.
“We are focused on expanding the capabilities of Raytheon and its business partners in the UAE by emphasizing local hiring and talent development, cultivating a strong supplier base, and developing new technology solutions,” said John Brauneis, who was named chief executive of Raytheon Emirates.
Raytheon Emirates is incorporated on Al Maryah Island, and plans are underway to establish operational branches in other areas of Abu Dhabi.
02 Dec 17. Order surge at Gooch & Housego. In June, we exited our buy call on Gooch & Housego (GHH) when it was 42 per cent to the good. The move certainly didn’t reflect diminished faith in the group’s long-term prospects, but simply that strengthening investor support had driven valuations for the photonics (light sciences) specialist to e