Matrix PDM Engineering Begins Advance Procurement for Thermal Vacuum Chamber at Lockheed Martin’s New Gateway Center
August 08 2017 - 7:30AM
Matrix Service Company (Nasdaq:MTRX)
announced today that its subsidiary, Matrix PDM Engineering, has
begun advance procurement of long-lead items needed for the
construction of the thermal vacuum chamber at Lockheed Martin’s new
Gateway Center. Long known for its expertise in thermal vacuum
chambers, Matrix PDM Engineering also performed the front-end
engineering design (FEED) study, as well as the detail engineering
design. Matrix PDM Engineering has designed more than 70 vacuum
chambers for both the aerospace industry and government
laboratories. This is the second award for a thermal vacuum chamber
received by Matrix in this calendar year.
“This project supports our strategy of drawing on our
engineering expertise to meet our customers’ needs from concept to
completion and also highlights our capabilities in designing and
constructing complex specialty vessels,” said Matrix Service
Company President and CEO, John R. Hewitt. “We are very proud of
our team’s work with the aerospace industry and value the
opportunity to support Lockheed Martin’s infrastructure and
technology needs. We appreciate the trust and confidence they have
placed in Matrix, together with Dynavac, for the design and
construction of this critical system.”
About Matrix Service Company
Founded in 1984, Matrix Service Company is
parent to a family of companies that include Matrix Service, Matrix
NAC, Matrix PDM Engineering and Matrix Applied Technologies. Our
subsidiaries design, build and maintain infrastructure critical to
North America’s energy, power and industrial markets. Matrix
Service Company is headquartered in Tulsa, Oklahoma with subsidiary
offices located throughout the United States and Canada, as well as
Sydney, Australia and Seoul, South Korea.
The Company reports its financial results based
on four key operating segments: Electrical Infrastructure, Storage
Solutions, Oil Gas & Chemical and Industrial. To learn more
about Matrix Service Company, visit matrixservicecompany.com.
This release contains forward-looking statements
that are made in reliance upon the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These statements
are generally accompanied by words such as “anticipate,”
“continues,” “expect,” “forecast,” “outlook,” “believe,”
“estimate,” “should” and “will” and words of similar effect that
convey future meaning, concerning the Company’s operations,
economic performance and management’s best judgment as to what may
occur in the future. Future events involve risks and uncertainties
that may cause actual results to differ materially from those we
currently anticipate. The actual results for the current and future
periods and other corporate developments will depend upon a number
of economic, competitive and other influences, including those
factors discussed in the “Risk Factors” and “Forward Looking
Statements” sections and elsewhere in the Company’s reports and
filings made from time to time with the Securities and Exchange
Commission. Many of these risks and uncertainties are beyond the
control of the Company, and any one of which, or a combination of
which, could materially and adversely affect the results of the
Company's operations and its financial condition. We undertake no
obligation to update information contained in this release.
For more information, please contact:
Matrix Service Company
Kevin S. Cavanah
Vice President and CFO
+1-918-838-8822
Email:kcavanah@matrixservicecompany.com
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