Mission Viejo, CA (January 2, 2007) – Holt Integrated Circuits, a leading supplier of MIL-STD-1553 and ARINC 429 bus communication components for military and commercial avionics applications, announced today that Lockheed Martin Corporation (NYSE: LMT), the world’s largest defense contractor, has awarded the Company its Electronic Systems Business Area (ESBA) STAR Supplier Award. The Award was presented to Holt at its Mission Viejo headquarters in 2006. Holt is a first time winner of this prestigious award and was selected from Lockheed’s supplier base of over one thousand manufacturers. Less than one-half of one percent of all Lockheed Martin’s suppliers have been recognized by this award.
Awarded to recognize exemplary supplier excellence, the highly coveted STAR award is granted to a small select number of Lockheed Martin’s best-performing suppliers who distinguished themselves by meeting or exceeding some of the strictest performance criteria in the aerospace industry. To join Lockheed Martin’s elite group of STAR Suppliers, Holt Integrated Circuits achieved 100% quality performance and 100% on- time-delivery over the course of one year. Holt also met or exceeded Lockheed Martin’s Supplier Performance Evaluation metric comprising of quality, delivery, affordability and management/administration.
“Holt is extremely honored to receive this prestigious designation from Lockheed Martin.” says William G. Holt, President and CEO for Holt Integrated Circuits. “The award is an affirmation to our management team and dedicated employees that we are accomplishing our corporate objectives of providing the highest quality products and excellent customer service to the military and avionics markets.”
Lockheed Martin introduced the STAR Supplier Award with the dual objective of developing stronger supply chain relationships and providing a mean for recognizing top-performing suppliers. Lockheed Martin STAR Suppliers are given visibility across the Lockheed Martin Corporation resulting in opportunities for increasing business and consideration for reduction of Lockheed Martin oversight at the supplier level. As a result of the STAR program, Lockheed Martin and its customers enjoy the benefits of higher supplier product quality, improved delivery performance and their associated cost savings.
About Lockheed Martin Corporation
Headquartered in Bethesda, MD, Lockheed Martin employs about 135,000 people worldwide and is principally engaged in the research, design, development, manufacturing, integration and maintenance of advanced technology systems, products and services. The corporation reported 2005 sales of $37.2 billion.
About Holt Integrated Circuits
Located in Mission Viejo, CA, Holt Integrated Circuits is a certified ISO 9001:2000 major supplier of integrated circuits for avionics and military communication. Holt’s products are specified by more than 250 manufacturers worldwide and are employed in flight, navigation & engine control, cabin management, data communications, stores management, safety equipment, and in-flight entertainment systems worldwide.
Holt IC’s support for the MIL-STD-1553 data bus ranges from transceivers recognized as the industry’s smallest and lowest in power consumption to BC/RT/MT Terminals and bus interface transformers. In addition, Holt offers the widest range of ARINC 429 standard products in the industry. Information on Holt Integrated Circuits is available at www.holtic.com.