| A.E. PETSCHE CO., INC.
FOR IMMEDIATE RELEASE
A.E. Petsche Company Named Lockheed Martin Star SupplierA.E. Petsche Co., Inc. announced today that they have received the Lockheed Martin Star Supplier Award. Glenn Davidson, V.P. Sales & Marketing for A.E. Petsche Company, commented that, "A.E. Petsche Company is especially proud to receive this recognition from Lockheed Martin. It further indicates the company's ongoing commitment to industry leading quality, customer service, and continuous improvement is paying off." Lockheed Martin's Aeronautics Material Management Center [AMMC] based in Fort Worth, TX, and representing the Fort Worth, Atlanta/Marietta, GA, and Palmdale, CA facilities, has granted its Star Supplier Award to less than 41/2% of all current Lockheed Martin suppliers. Of more than 4,000 current suppliers, only 179 have received the Star Supplier Award. Principle factors considered in the Star Supplier qualification are quality, on-time delivery, cost, technical competency and responsiveness. In order to meet the rigorous requirements for Star Supplier status, A.E. Petsche Company had to provide 0% rejection rate at point of inspection for more than six months and provide product 98% concurrent to contract delivery schedule. A.E. Petsche Company has continued to invest in its customer service, personnel, and systems over the last 18 months, and is expected to announce this fall its certification to ISO 9002 and AS 9000 for its North America locations. It has already received ISO 9002 certification in its European headquarters in the United Kingdom.
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