Lockheed Martin Selects M2 Global Technology Ltd. For Mentor-Protégé Agreement
SAN ANTONIO, Texas, 06/22/2009 --
Lockheed Martin [NYSE: LMT] has entered into a U.S. Department of Defense Mentor-Protégé Agreement with M2 Global Technology Ltd. of San Antonio, Texas, a small business supplier to Lockheed Martin's F-16, F-22, and F-35 programs.
Over the one-year period of the Mentor-Protégé relationship, Lockheed Martin Aeronautics will assist and guide M2 Global, a service disabled veteran–owned small business, in the further development and refinement of the manufacturing and management processes needed to better serve its key aerospace, defense, and commercial markets.
"The Mentor Protégé program is the ideal vehicle to increase the flow of skills, technology, and opportunities to small businesses. M2 Global is exactly the kind of supplier we seek as a protégé partner. Their cost, quality, and delivery performance on several platforms is nothing short of excellent. They have the unmistakable potential to meet critical requirements for high-quality components across a number of our platforms," said Gary Bailey, vice president of Material Management for Lockheed Martin Aeronautics. "We will provide the resources, technical expertise, and training required to make this a win-win proposition," noted Bailey.
Headquartered in San Antonio, Texas, M2 Global Technology Ltd., a premier worldwide supplier of microwave products and precision manufacturing services, has a legacy of serving the defense, aerospace, and telecommunications industries for over 30years. The company's products are used in communication systems, satellite base stations, radar, countermeasures, broadcast equipment, and airframe systems. M2 Global is a recipient of the Manufacturing Excellence Award from the Association for Manufacturing Excellence, a nonprofit benchmarking and training organization.
M2 Global's President Douglas Carlberg noted, "M2 Global will become an even more valuable strategic partner to Lockheed Martin and other defense-related customers through the optimization of the lean manufacturing and business processes required to offer high quality, quick-turn manufacturing of a broad range of complex, precision aerospace parts and subassemblies."
Lockheed Martin engineers have been working with M2 Global's manufacturing team over the past year to certify processes in the following areas: metal chem film, prime and finish paint, fuel tank coatings, and conductivity and hardness testing. Metal anodizing and heat-treating processes are scheduled for certification in midsummer.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 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 2008 sales of $42.7 billion.
F-35 and Lightning II are trademarks of Lockheed Martin Corporation.