Phone: 817.444.2533
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LOCKHEED MARTIN RECOGNIZES BUSINESS PARTNERS ORLANDO, FL - April 11, 2006 - Clark's Precision Machine & Tool of Azle, Texas has been recognized by Lockheed Martin (NYSE: LMT) as an outstanding small business provider for 2005. Each year, Lockheed Martin business units in Orlando, FL and Dallas, TX, nominate and select small businesses that have consistently provided outstanding support and products during the past year. Though the Corporation has thousands of suppliers, only a few of the small businesses are recognized for their outstanding quality in goods and service. At an awards banquet in Orlando, executives from the Lockheed Martin Missiles and Fire Control and Simulation, Training & Support business units presented awards to 12 companies. "Small business partners bring a unique skill set to our products and services," said Dale P. Bennett, president of Lockheed Martin Simulation, Training & Support. "We have developed a long and valuable relationship with them and are happy to recognize the significant role they play in the success of our corporation." Lockheed Martin Lockheed Martin recognized the following outstanding small business providers for their efforts in 2005: (In alphabetical order:) BGI LLC, Clarks Precision Machine & Tool, Colgen, Inc., Dua Computer Resources, Inc., FATS, Inc., Instrument Development Corporation, Irvin Technologies, Inc., Lightworks Optics, Inc., Millenworks, Inc., Raloid Corporation, SBS Precision Sheet Metal, Inc. and Tri-Tech Electronics. Headquartered in Bethesda, Md., Lockheed Martin employs about 135,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2005 sales of $37.2 billion. In support of the Joint Strike Fighter Program, Clark's Precision Machine & Tool has demonstrated their substantial commitment through teamwork, dedication, competitive pricing and outstanding craftsmanship. A small, veteran-owned company, Clark's has become the "go to" supplier for mechanical assemblies instrumental to program success, meeting delivery requirements with quality products at very cost-effective pricing. Faced with numerous changes in aircraft drawings and delays in material availability, Clark's performed admirably, ensuring customer satisfaction and timely deliveries. Clark's organized, responsive and talented staff exhibits a high degree of dedication - not only to their own company but to the customer's program as well. Communication with Clark's is easy and enjoyable: they are truly team players. Nominated by: Tom McIntyre, Subcontract Administrator, Flight Solutions Simulation, Training & Support |