Matrix Service Selected by Northrop Grumman for Two Separate Thermal Vacuum Chamber Projects
July 18 2022 - 4:05PM
Matrix Service Company (Nasdaq: MTRX)
announced today that its subsidiary, Matrix Service Inc., has been
selected by Northrop Grumman for two thermal vacuum chamber
projects, the first of which is the Engineering Procurement and
Construction (EPC) for a new state-of-the-art thermal vacuum
chamber at Northrop Grumman’s Gilbert, Arizona campus. The EPC work
for the Gilbert project was awarded in the fourth quarter of Fiscal
2022, following a previous award for the Front-End Engineering
Design (FEED).
In the third quarter of Fiscal 2022, Matrix Service was awarded
a second project for EPC work related to the modernization of a
thermal vacuum chamber at Northrop Grumman’s Space Park in Redondo
Beach, California.
The thermal vacuum chamber in Gilbert is part of Northrop
Grumman’s expansion of its satellite engineering and manufacturing
operations in Arizona, which was completed in April 2022. The
state-of-the-art facility provides design, manufacturing, assembly,
integration, and testing in support of high-profile satellite
missions including critical science missions for NASA in addition
to other programs that support national security.
The Space Park project, which has already begun, will include
EPC work on an existing thermal vacuum chamber to bring it to
modern, state-of-the-art condition and will include replacement of
existing thermal shrouds and mechanically insulated piping, as well
as installation of advanced technology and state-of-the-art Human
Machine Interface (HMI) controls.
The FEED and final design and engineering on both projects will
be completed by Matrix Service sister company, Matrix PDM
Engineering.
Long known for its expertise in the design, engineering, and
construction of thermal vacuum chambers, Matrix has designed more
than 70 vacuum chambers for both the aerospace industry and
government laboratories.
“With more than 60 years of experience in thermal vacuum
chambers, 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 highly 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 Northrop Grumman’s infrastructure and technology needs.
We appreciate the trust and confidence the technology company has
placed in Matrix and look forward to delivering the highest quality
possible – safely, on-time, and on budget.”
About Matrix Service
Company
Matrix Service Company (Nasdaq: MTRX), through its subsidiaries,
is a leading North American industrial engineering, construction,
and maintenance contractor headquartered in Tulsa, Oklahoma with
offices located throughout the United States and Canada, as well as
Sydney, Australia and Seoul, South Korea.
The Company reports its financial results in three key operating
segments: Utility and Power Infrastructure, Process and Industrial
Facilities, and Storage and Terminal Solutions.
With a focus on sustainability, building strong Environment,
Social and Governance (ESG) practices, and living our core values,
Matrix ranks among the Top Contractors by Engineering-News Record,
has been recognized for its Board diversification, is an active
signatory to CEO Action for Diversity and Inclusion, and is
recognized as a Great Place to Work®. To learn more about Matrix
Service Company, visit www.matrixservicecompany.com and read our
inaugural Sustainability Report.
For more information about Matrix, please
contact:
Kevin S. Cavanah |
Kellie Smythe |
Matrix Service Company |
Matrix Service Company |
Vice President and CFO |
Senior Director, Investor Relations |
T: 918-838-8822 |
T: 918-359-8267 |
Email: ir@matrixservicecompany.com |
Email: ksmythe@matrixservicecompany.com |
This release contains forward-looking statements that are made
in reliance upon the safe harbor provisions of the Private
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generally accompanied by words such as “anticipate,” “continues,”
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concerning the Company’s operations, economic performance and
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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
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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.
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