CEDAR PARK, TX — (Marketwire) — 10/13/11 — Raytheon Company presented supplier excellence awards to 39 companies for their exceptional performance in supporting the company-s Space and Airborne Systems (SAS) business during 2011 at its annual Supplier Excellence Awards Dinner held on Sept. 26 in Los Angeles, California.
The winning suppliers represent less than one percent of the SAS supply base. They were chosen for meeting demanding standards in the areas of quality and delivery performance, customer satisfaction, and total business and financial health. Evaluations of their performance by the Raytheon buyers and material program managers who deal with them every day were also part of the selection process. Awards were presented at the 3- and 4-Star level, and Freedom Power Systems, Inc. received a 3-Star award.
“Freedom Power Systems is honored and proud to receive this prestigious award which recognizes us for exceptional support to Raytheon and to the men and women who serve in the U.S. Armed Forces, said James Russell, President, Freedom Power Systems. “Without the dedication and professionalism of the team members at Freedom Power Systems and at our parent company, Vicor Corporation, we could not have met the highest standards of excellence demanded by Raytheon and received this award for the second consecutive year.”
Freedom Power Systems, Inc., part of the Vicor family of custom power solutions companies, is a leading provider of power converters and power systems to the defense, aerospace and industrial markets.
Vicor Corporation designs, develops, manufactures and markets modular power components, power management and complete power systems based upon a portfolio of patented technologies. Headquartered in Andover, Massachusetts, Vicor sells its products primarily to customers in the higher performance, higher power segments of the power systems market, including aerospace and defense electronics, enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, and vehicles and transportation markets.
Contact:
Iris Kimber
Vicor Corporation
978-749-3396
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