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.


 
 

 
Courtesy graphic

Lockheed Martin conducts flight tests of aircraft laser turret for DARPA

AFRL photograph The Aero-adaptive Aero-optic Beam Control turret that Lockheed Martin is developing for the Defense Advanced Research Projects Agency and the Air Force Research Laboratory has completed initial flight testing. T...
 
 

Lockheed Martin advances live, virtual, constructive training in flight test

https://www.youtube.com/watch?feature=player_embedded&v=jvXmOW8L3mU Lockheed Martin successfully tested a new solution for integrated live, virtual and constructive training during a flight demonstration at the company’s Aeronautics facility in Fort Worth, Texas. During the flight test, a pilot flying in a live F-16 engaged in a synthetic training exercise with a pilot flying as wing...
 
 

Raytheon begins full rate production on TALON Laser Guided Rockets

Under a $117 million contract awarded to Raytheon, Raytheon Missile Systems has begun production of the TALON Laser Guided Rocket. In 2013, the Armed Forces General Headquarters of the United Arab Emirates awarded Tawazun a contract to procure the TALON Laser Guided Rocket. “Full rate production of the TALON LGR is a significant milestone for...
 

 

Advanced Photonix awarded contract for U.S. Navy missile weapons program

Advanced Photonix, Inc.® announced Sept. 15 that it has received a contract worth approximately $1,600,000 from a leading military contractor, which acts as a prime supplier for the U.S. Navy’s Guided Missile Weapon System. The contract is for a custom photodiode and is expected to be completed within the next 18 months, and payment is...
 
 

U.S. Air Force expands RQ-4 Global Hawk fleet

The U.S. Air Force has awarded Northrop Grumman a $354 million primarily firm-fixed-price contract to expand their RQ-4 Global Hawk unmanned aircraft system fleet by three aircraft. Global Hawk operates multiple sensors simultaneously to gather intelligence, surveillance and reconnaissance data. The new aircraft are Multi-INT models that carry sophisticated imaging and electronic signals sensor...
 
 

U.S. Navy awards General Dynamics $234 million for nuclear-sub support work

The U.S. Navy has awarded a $234 million contract to General Dynamics Electric Boat to provide planning yard work, engineering and technical support for nuclear submarines. The contract has a total potential value of $1.5 billion over five years if all options are exercised. Electric Boat is a wholly owned subsidiary of General Dynamics. Under...
 




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>