Named Best Performer in Ground & Mission Systems Category
CAMBRIDGE, ON, Oct. 29, 2015 /CNW/ - The team at COM DEV International Ltd. (TSX:CDV) was honoured to receive a Best Performer Award at the recent Airbus Defence and Space Supplier Conference in Bremen, Germany.
Winning Best Performer at the Airbus Supplier Awards in the commodity area of Ground and Mission Systems is an exceptional achievement, as there are several hundred suppliers who serve this procurement area of Airbus Defence and Space. This commodity area comprises payload equipment, as well as launchers, missiles and ground infrastructure, earth observation, navigation and science programs, optics and other services.
The Best Performer Award recognizes COM DEV's top performance results from the most recent Airbus Defence and Space Supplier Evaluation. The key metrics emphasize the importance of on-time deliveries and the quality of hardware designed and built within the evaluation period. COM DEV has excelled in the delivery of over 500 pieces of equipment across 5 satellite programs for Airbus Defence and Space.
This prestigious recognition is a testament to the hard work COM DEV International does to provide customers with superior top quality hardware and on-time delivery. COM DEV's culture of continuous improvement, based on value engineering and lean manufacturing, is extremely well aligned with Airbus' Supply Chain strategy – resulting in efficiency improvements and cost reductions.
Mike Williams, President of COM DEV International's Products Division says: "Congratulations to all of the many COM DEV team members who work on the Airbus programs. It is tremendous to be recognized as the best in this peer group of high-performing aerospace industry suppliers. My sincere thanks go out to Airbus Defence and Space for this award, as we continue our 35 years of successful collaboration within the satellite business."
Mike Healy, Head of Ground and Mission Systems Commodity Procurement Area at Airbus Defence and Space says of this win: "This award is well deserved - COM DEV has an excellent track record and has delivered a superb performance in 2014 with 100% on-time delivery."
About COM DEV
COM DEV International Ltd. (www.comdevinternational.com) is a leading global provider of space hardware and services. The company has a staff of more than 1,250, annual revenues of over $200 million, and facilities in Canada, the United Kingdom, the United States, India and China. COM DEV designs, manufactures and integrates advanced products, subsystems and microsatellites that are sold to major satellite prime contractors, government agencies and satellite operators, for use in communications, space science, remote sensing and defence applications. The company has won contracts to supply its equipment on over 950 spacecraft. COM DEV's majority-owned subsidiary, exactEarth Ltd., provides satellite data services for global maritime surveillance.
About Airbus Defence and Space
Airbus Defence and Space is a division of Airbus Group formed by combining the business activities of Cassidian, Astrium and Airbus Military. The new division is Europe's number one defence and space enterprise, the second largest space business worldwide and among the top ten global defence enterprises. It employs more than 38,000 employees generating revenues of approximately €13 billion per year. Additional information can be found at www.airbusdefenceandspace.com.
This news release may contain certain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from results indicated in any forward-looking statements. The Company cautions that, among other things, in view of the rapid changes in communications markets and technologies, and other risks including the cost and market acceptance of the Company's new products, the level of individual customer procurements and competitive product offerings and pricing, and general economic circumstances, the Company's business prospects may be materially different from forward-looking statements made by the Company.
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SOURCE Com Dev International Ltd.
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