Ball Aerospace Earns Third Consecutive Boeing Supplier Award for High Performance Avionics
BOULDER, Colo., April 17, 2015 /PRNewswire/ -- Ball Aerospace & Technologies Corp. has been chosen as a Supplier of the Year for avionics performance three years in a row by The Boeing Company. Ball was one of 14 companies and one university to receive a Boeing Supplier of the Year Award for performance in 2014. They were chosen from a group of more than 13,000 active suppliers in 15 categories in nearly 47 countries worldwide.
Ball was honored for exceptional performance and contributions to antennas for the F/A -18 and Harpoon programs. Boeing presented the awards April 15 during a ceremony at the Udvar-Hazy Center in Arlington, Va. The Boeing Supplier of the Year awards are based on statistical measurements of quality, delivery performance, cost, technical expertise, environmental initiatives and the ability to be proactive and respond to changing customer requirements.
"We're very gratified to be a three-time recipient of this Boeing Supplier Award," said Rob Freedman, vice president and general manager of Ball's Tactical Solutions business unit. "We've proven our innovation and affordability on avionics over the years and this award also recognizes our day-to-day performance as a partner in delivering these critical capabilities to our country."
"Our success in 2014 was due in large part to the strong performance of our supply chain," said Kent Fisher, Boeing's leader for Supplier Management. "We are facing an increasingly competitive landscape across all our businesses. To continue to lead the market we need supplier partners like Ball who understand the importance of creating a sustainable competitive advantage with products, services and support that meet or exceed the expectations of our customers."
Ball Aerospace has a record of more than 30 years providing Boeing with on-time delivery, reliable performance and continuous improvement on thousands of high-performance conformal phased array antennas for the Harpoon anti-ship and land-strike missile. Additionally, Ball Aerospace Tactical Solutions' antenna unit has delivered more than 500 F/A -18 units in the last 10 years, with 100 percent on-time delivery and quality. Ball Aerospace has been a five-time recipient of the Boeing Performance Excellence Award, a requirement to be nominated for a Supplier of the Year award.
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 http://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 2014 sales of $8.6 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; customer and supplier consolidation, power and supply chain influence; 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; 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; and successful or unsuccessful acquisitions and divestitures, including, with respect to the proposed Rexam PLC acquisition, the effect of the announcement of the acquisition on our business relationships, operating results and business generally; the occurrence of any event or other circumstances that could give rise to the termination of our definitive agreement with Rexam PLC in respect of the acquisition; the outcome of any legal proceedings that may be instituted against us related to the definitive agreement with Rexam PLC; and the failure to satisfy conditions to completion of the acquisition of Rexam PLC, including the receipt of all required regulatory approvals.
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SOURCE Ball Aerospace & Technologies Corp.
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