Moog receives Supplier of the Year Award from Northrop Grumman
Moog has been recognized by Northrop Grumman Corporation's Integrated Systems sector, Equipment Strategic Sourcing Team, as a 2005 Supplier of the Year for consistent performance on the F/A-18E/F and B-2 programs in the areas of quality and delivery. Moog was one of eight companies to receive a Supplier of the Year designation.
"We're honored to be part of the team that's helping protect and ensure mission success for the U.S. men and women who serve in our armed forces," said Bob Brady, chairman and CEO of Moog.
Northrop Grumman developed its Supplier of the Year Award program to recognize the critical role that its suppliers play in the delivery of high- performance products that the company produces for U.S. and international customers. The program is an outgrowth of the company's strategic sourcing initiative, an effort started in summer 2003 to build stronger long-term relationships between the company and its suppliers. Under this initiative, every supplier is graded quarterly on parameters such as quality, on-time delivery and participation in affordability initiatives.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey