Boeing has named its 2016 Supplier of the Year Award winners, recognizing 13 companies for the high-quality products, services and value they create for Boeing as well as its commercial airline and defense, space and security customers.
Strong performance and close collaboration with these award-winning suppliers helped Boeing exceed customers’ expectations in 2016 while contributing to strong overall company performance and numerous program milestones.
“In order for Boeing to be the best in aerospace and an enduring global industrial champion—a top-performer in all areas of our business—we must have the best team, and our supply chain is absolutely vital to those efforts,” said Boeing Chairman, President and CEO Dennis Muilenburg. “The global suppliers earning top honors this year demonstrated an unwavering commitment to quality, delivered customer value and partnered with us on cost-effective, innovative solutions.”
In 2016, Boeing spent nearly $60 billion with more than 13,000 suppliers from all 50 U.S. states and 48 countries. Supplier-provided components and assemblies make up approximately 65 percent of the cost of Boeing products.
“Boeing’s success is a testament to the partnerships we hold with the finest aerospace suppliers in the world,” said Kent Fisher, Boeing leader for enterprise Supplier Management. “Together we will continue to deliver affordable, technologically advanced products and services that give our customers a competitive edge.”