Product category: Electronics Manufacturing Services
News Release from: Sypris Electronics
Edited by the Electronicstalk Editorial Team on 24 January 2006
Agency acknowledges outstanding performance
The Defense Contract Management Agency has awarded Sypris Electronics an 'outstanding' rating for its efforts in support of small business
The Defense Contract Management Agency (DCMA) has awarded Sypris Electronics an 'outstanding' rating for its efforts in support of small business. Companies working with the Department of Defense and the DCMA are required to submit small business subcontracting plans containing a full list of goals each business plans to achieve during the year.
Related stories
Compact encryption unit for military purposes
An Indefinite Delivery Indefinite Quantity (IDIQ) contract from the Department of Defense has been awarded for a powerful portable encryption device for all classifications of digital data traffic
Software engineering processes are validated
Sypris Electronics has achieved the Software Engineering Institute's (SEI) Capability Maturity Model Integration (CMMI) Level 3 rating
At the end of the year, each company is rated on achieving their specified goals.
There are five possible ratings a company can receive from DCMA: outstanding, highly successful, acceptable, marginal and unsatisfactory.
Only those companies who meet and/or exceed all their specified goals are awarded a rating of 'outstanding'.
Further reading
Paper explains joint design manufacturing
Sypris Electronics has published a research paper focusing on the continued exploration of joint design manufacturing in the aerospace and defence markets
According to the DCMA: 'An 'outstanding' rating signifies that the company has an exemplary programme that could be used as a model by other contractors in similar industries'.
Bob Sanders, President of Sypris Electronics, stated: 'Sypris Electronics successfully met or exceeded all the goals in our small business plan, warranting us a rating of 'outstanding' for a fourth consecutive year'.
'I would like to congratulate all Sypris Electronics employees and supply chain partners for their commitment to our small business efforts and dedication to our company goals and objectives'.
The DCMA is an independent combat support agency within the Department of Defense.
It is the department's contract manager, responsible for ensuring Federal acquisition programmes (systems, supplies and services) are delivered on time, within projected cost or price and meet performance requirements.
• Sypris Electronics: contact details and other news
• Email this article to a colleague
• Register for the free Electronicstalk email newsletter
• Electronicstalk Home Page
Related Business News
Fdi In Malaysia Slips
Washington, April 3 (Bernama) -- Malaysia's goal of attracting and retaining higher value manufacturers faces a challenge as it fails to keep pace with improvements in the business climate needed to attract these manufacturers, a US government report rel
Taiwan Shares Climb 0.9 Percent
Taiwan shares rose on Thursday as investors were cheered by U.S. stock gains overnight. The Weighted Price Index of the Taiwan Stock Exchange rose 49.39 points, or 0.9 percent, to close at 8061.28.
Acxiom Agrees to Be Acquired by...
...Silver Lake and ValueAct Capital for $3.0 Billion. Acxiom Corporation announced today that it has entered into a definitive agreement to be acquired by Silver Lake, the leading investment firm focused on large-scale investments in technology-driven growth industries, and ValueAct
Opnext Reports Fourth Quarter and Full Year Operating Results
Opnext, Inc. , a global leader in the design and manufacturing of optical modules and components, today announced preliminary and unaudited financial results for the fourth quarter and full year ended March 31, 2007.
Vista Partners Updates Coverage on TXP...
...Corporation; Maintains $0.80 Price Target. Vista Partners announced today that it has update coverage on TXP Corporation . Vista Partners provides equity research to institutional and individual investors, with a focus on publicly traded small capitalization companies.
Search the Pro-Talk network of sites
