TEWKSBURY, Mass, June 17, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) recognized the exceptional performance of over 180 supplier partners that support the company's Integrated Defense Systems (IDS) business unit. Honored at IDS' annual Supplier Excellence Awards event, suppliers from around the globe were recognized with 3-, 4- and 5-Star awards, measured on quality standards, on-time delivery, process improvement initiatives, and success in meeting or exceeding safety standards. Six gold, silver and bronze awards honored those suppliers who worked collaboratively with Raytheon driving continuous improvement, innovation, affordability, global growth, partnership and flawless execution.
Notably, eight international suppliers were recognized during the awards event; INTRACOM Defense Electronics, Kongsberg Defence and Aerospace, Roketsan, Aselsan, Orient Construction Company LTD. Weavers, Saudi Logistics and Technical Support, Page Europa and Bumar Elektronika.
"We are extremely pleased to be honored by Raytheon's Integrated Defense Systems with this prestigious award and we are equally proud of our many years of cooperation with one of our most valued customers and partners. The entire INTRACOM Defense Electronics' team thanks Raytheon for recognizing our company's hard work and outstanding results," said Dr. George Troullinos, chief executive officer, INTRACOM Defense Electronics.
"Our supplier partners have become instrumental to Raytheon's global growth," said Mike Shaughnessy, vice president, Integrated Supply Chain. "They play a key role in our commitment to provide unparalleled Mission Assurance to our warfighters. It's important that we recognize their outstanding contributions to the business, and inspire them to keep getting better."
Raytheon Company, with 2013 sales of $24 billion and 63,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 92 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as cyber security and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @Raytheon.
Integrated Defense Systems
SOURCE Raytheon Company