Vermont Composites have been honoured by Lockheed Martin, being awarded STAR Supplier status. To attain this title, Vermont Composites achieved 100% quality and 100% delivery for all products provided to Lockheed Martin for a period of one year.
Additionally, Vermont Composites met the established criteria for Lockheed Martin’s Supplier Performance Evaluation metric that evaluates quality, delivery, affordability and management / administration.
In order to establish their premium suppliers, Lockheed Martin use the Supplier Performance Evaluation metric across the Corporation to assess suppliers’ performance in three evaluation categories. Suppliers can achieve STAR recognition on three levels: 1) Distributor; 2) Production; and, 3) Subcontractor Services.
Lockheed Martin STAR Suppliers are provided visibility across Lockheed Martin Corporation. This results in increased opportunity for more business amongst each individual site.
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