WASHINGTON, June 26 (UPI) -- Lockheed Martin has been honored by the U.S. government for its use of small businesses as suppliers and sub-contractors.
The award -- the 2013 Dwight D. Eisenhower Award for Excellence-Manufacturing -- was given by the U.S. Small Business Administration.
Lockheed Martin had committed $6.4 billion to supplier partnerships to small business partnerships last year.
"This award is a validation of our continued commitment to small businesses and their importance in helping deliver value for our customers," said Dr. Ray O. Johnson, Lockheed Martin senior vice president and chief technology officer. "We are humbled that the SBA has chosen to recognize our supplier community for its innovative ideas, hard work, and dedication over the past year."
Said SBA Administrator Karen Mills: "The industry leaders who contract with small businesses help boost the nation's economy. They are stellar models of how to successfully navigate the federal contracting arena,
"When federal contracts get into the hands of small businesses, it is a win-win for the federal government, small businesses, the economy and the job market."