Business

March 1, 2013

Lockheed Martin strengthens ties with small, diverse suppliers through new channel

Suppliers are critical to success at Lockheed Martin, yet they are often the first impacted in a challenging economy. In order to strengthen the company’s interaction with these small businesses and provide them additional opportunities, Lockheed Martin has introduced a supplier-focused website called Supplier Wire (http://www.lockheedmartin.com/supplierwire).

Supplier Wire offers a wide range of educational resources, including free webinars, video tips and supplier testimonials designed to help small businesses learn how to build, sustain and expand their business with the corporation. The site also features resources on immediate procurement opportunities; information on what Lockheed Martin buys, including a listing of corporate agreements with expiration dates; and a calendar of Lockheed Martin’s supplier diversity events.

“With the launch of Supplier Wire, Lockheed Martin once again demonstrates why it is a leader in supplier relations,” said Charles Ramos, chief executive officer and president of CR Dynamics & Associates, Inc., and Lockheed Martin supplier. “Supplier Wire takes an innovative approach to identifying and connecting small businesses with the appropriate procurement and business development personnel. This is a refreshing experience for any vendor—especially a small business looking to launch a relationship with Lockheed Martin.”

To directly engage with small businesses, Supplier Wire will offer live chat sessions allowing firms to interact with subject matter experts and get answers to real-time questions. In addition, the site contains information on how to seek a partner on a proposal pursuit and how to get added to the Small Business Innovation Research directory.

“Lockheed Martin is committed to small businesses and we continuously search for better methods to educate and engage with qualified diverse suppliers through more affordable solutions,” said Susannah Raheb, Lockheed Martin Corporate Supplier Diversity Leader. “Supplier Wire allows us to reach a targeted audience and strengthen our relationships through enhanced connections in a virtual environment.”

In 2012, Lockheed Martin awarded $6.4 billion in contracts to small businesses and businesses classified as diverse. This amounts to approximately one third of the corporation’s total purchase order commitments. For the second year in a row, the corporation exceeded Department of Defense goals and received an “outstanding” rating—the highest level given by the Defense Contract Management Agency.

 




All of this week's top headlines to your email every Friday.


 
 

 

Headlines April 17, 2015

News: Army extends benefits to Hood shooting victims - The Army will provide “all possible benefits” to victims of the 2009 Fort Hood shooting who recently were awarded the Purple Heart, the service announced April 16.   Business: Rolls-Royce lands biggest deal in its 109-year history - U.K. engineering company Rolls-Royce has won the largest order in...
 
 

News Briefs April 17, 2015

Army orders financial benefits for 2009 Fort Hood victims Dozens of soldiers and surviving family members of the 2009 Fort Hood, Texas, shooting are receiving additional Army pay that they felt was long overdue. The announcement from Army Sec. John McHugh April 16 comes a week after 36 Purple Hearts were awarded to victims and...
 
 
NASA illustration

NASA awards radiation challenge winners, launches next round

NASA illustration This illustration depicts our heliosphere, showing the approximate locations of Voyager 1 and Voyager 2 spacecraft. Galactic cosmic rays originate outside the heliosphere and stream in uniformly from all direc...
 

 

U.S. Air Force completes operational testing on Raytheon’s MALD-J

Raytheon and the U.S. Air Force successfully completed operational tests of Miniature Air Launched Decoy-Jammer, satisfying all requirements to attain Initial Operational Capability. “MALD-J’s unique capabilities have been proven in 42 successful flight tests during the last two years and brought us closer to full rate production,” said Mike Jarrett, vice president of Raytheon...
 
 

Northrop Grumman to expand North Dakota presence

In partnership with local leadership, Northrop Grumman confirmed its dedication to the future of unmanned systems development in the Red River Valley region by signing a lease agreement to anchor the new Grand Sky Technology Park in Grand Forks County. Northrop Grumman is working to identify specialized opportunities for the Grand Sky facility. The opportunities,...
 
 

Raytheon awarded more than $2 billion for an International Patriot system

Raytheon announced April 17 it has been awarded a contract worth over $2.0 billion to deliver the combat-proven Patriot Air and Missile Defense System to an undisclosed international customer. The contract, awarded April 2, 2015, and booked in the second quarter as a direct commercial sale, includes fully digitized new-production Patriot fire units with the...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>