BAE Systems Honors Richardson Electronics, Ltd. with a Gold Tier Supplier Award
April 30 2019 - 1:30PM
Richardson Electronics, Ltd. (NASDAQ: RELL) today announced it won
a Gold Tier Award for exceptional performance and contributions to
supply chain success in 2018 for BAE Systems’ Electronic Systems
Sector. Richardson Electronics was honored at a ceremony held in
Manchester, New Hampshire on April 2, 2019, and was selected from a
pool of more than 750 suppliers that worked with BAE Systems in
2018.
“Richardson Electronics, Ltd. has had a long relationship with
BAE, and we feel honored to be recognized for our great partnership
with such an amazing company. We will continue supporting BAE
with all our global capabilities as we have in the past,” said Greg
Peloquin, Executive Vice President of Richardson Electronics’ Power
& Microwave Technologies group.
BAE Systems’ Partner 2 Win program is designed to achieve
operational excellence and eliminate defects in its supply chain by
raising the bar of performance expectations to meet the demand of
current and future customers. As part of the program, BAE Systems
meets regularly with its suppliers at their locations to transfer
best practices to ensure that the components and materials that
compose BAE Systems products meet the highest quality
standards.
“Recognition of our top-tier suppliers underscores BAE Systems’
commitment to delivering the highest quality products on-time and
on-budget, in order to meet the demand of our customers,” said
Jeremy Tondreault, vice president of operations for BAE Systems’
Electronic Systems sector. “We are proud to partner with companies
– including Richardson Electronics – who are dedicated to
delivering the products that protect the warfighter on the
battlefield and civilians who rely on the safety of commercial
transportation.”
About BAE SystemsBAE Systems
provides some of the world’s most advanced, technology-led defense,
aerospace, and security solutions. The company employs a skilled
workforce of more than 83,000 employees worldwide and operations in
30 U.S. states. Working with customers and local partners, BAE
Systems develops, engineers, manufactures, and supports products
and systems to deliver military capability, protect national
security and people, and keep critical information and
infrastructure secure.
About Richardson Electronics, Ltd.
Richardson Electronics, Ltd. is a leading global provider of
engineered solutions, power grid and microwave tubes and related
consumables; power conversion and RF and microwave components, flat
panel detector solutions and replacement parts for diagnostic
imaging equipment; and customized display solutions. We serve
customers in the alternative energy, healthcare, aviation,
broadcast, communications, industrial, marine, medical, military,
scientific and semiconductor markets. The Company’s strategy is to
provide specialized technical expertise and “engineered solutions”
based on our core engineering and manufacturing capabilities. The
Company provides solutions and adds value through design-in
support, systems integration, prototype design and manufacturing,
testing, logistics, and aftermarket technical service and repair
through its global infrastructure. More information is available at
www.rell.com.
Richardson Electronics common stock trades on the NASDAQ Global
Select Market under the ticker symbol RELL.
About Richardson Electronics – Power & Microwave
Technologies
For 70 years, Richardson Electronics has been your
industry-leading global provider of engineered solutions, RF &
microwave and power products. With the launch of the Power &
Microwave Technologies group, we continue this legacy and
complement it with new products from the world’s most innovative
technology partners. Richardson Electronics’ Power & Microwave
Technologies group focuses on what we do best: identify and design
disruptive technologies, introduce new products on a global basis,
develop solutions for our customers, and provide exceptional
worldwide support. As a global company, we provide solutions and
add value through design-in support, systems integration, prototype
design and manufacturing, testing, logistics, and aftermarket
technical service and repair—all through our existing global
infrastructure. More information is available at:
www.rellpower.com.
For Details Contact:
Chris MarshallCTO/VP of
Marketing
Phone: (630)
208-2531
chrism@rell.com
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/2ed4e539-13ed-4850-8f3c-71e05febc88c
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