Matrix Service Begins Construction on Thermal Vacuum Chamber for Lockheed Martin at New Gateway Center
November 14 2018 - 04:00AM
Matrix Service Company (Nasdaq: MTRX)
announced today that its subsidiary, Matrix Service Inc., has begun
construction on the previously announced thermal vacuum chamber at
Lockheed Martin’s new Gateway Center. This work follows Matrix PDM
Engineering’s front-end engineering design, detailed engineering
design and advance equipment procurement. Matrix Service is
providing project management, engineering, fabrication,
construction and systems integration, with Dynavac serving as
technology partner for the design and fabrication of the expansive
thermal vacuum chamber, which will simulate the harsh environment
of space.
“We are very pleased to have been selected by Lockheed Martin to
construct the thermal vacuum chamber at their new, state-of-the-art
facility near Denver,” said Matrix Service Company President and
CEO John R. Hewitt. “Our teams have a long-standing history of work
in the aerospace industry, and we appreciate the continued
opportunity to support Lockheed Martin as they provide their
customers with an advanced, state-of-the-art production
environment.”
Dynavac CEO Tom Foley added, “The Matrix/Dynavac team brings a
level of expertise that is critical to executing a project of this
magnitude. We are very proud of our participation in making
the Gateway Center a world-class satellite testing facility.”
The thermal vacuum chamber is expected to be complete by Fall
2020.
Lockheed Martin’s Gateway Center will be capable of producing
multiple satellites at the same time, and the large thermal vacuum
chamber will be used to conduct dynamic endurance tests on these
satellites.
About Matrix Service Company
Founded in 1984, Matrix Service
Company is parent to a family of companies that include
Matrix Service Inc., 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
About Dynavac
Dynavac, located in Hingham, MA, has been designing and
manufacturing high vacuum systems for thin film deposition and
space simulation applications for over 30 years. Their global
reputation for excellence is rooted in unparalleled engineering
expertise, single-source manufacturing capabilities, and an
unrelenting commitment to customer satisfaction. Dynavac supports
installations for customers in a wide variety of industries around
the world. www.dynavac.com
For more information, please contact:
Matrix Service CompanyKevin S. CavanahVice
President and
CFO+1-918-838-8822Email:kcavanah@matrixservicecompany.com
Alpha IR Group Investor
RelationsRobert Winters T: 312-445-2870E:
MTRX@alpha-ir.com
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