Luna Innovations Earns Top Award from BAE
05 Abril 2022 - 9:30AM
Business Wire
BAE Systems Rewards Luna with the Gold
Tier Supplier Recognition
Luna Innovations (NASDAQ: LUNA), a global leader in advanced
optical technology, today announced it has received a Gold Tier
Award for exceptional performance and contributions to supply chain
success for BAE Systems (LON: BA). Luna was honored at an awards
ceremony and was selected from the pool of suppliers that worked
with BAE Systems Electronic Systems sector in 2021.
Scott Graeff, President and Chief Executive Officer of Luna said
“Luna Innovations has a long history of working in close
collaboration with our customers to develop the products that meet
and exceed their needs. With the majority of our customers in
industries that are critical to national infrastructure, defense
and security, Luna has always prioritized ensuring efficient and
dependable supply chains to make certain there are no disruptions
to serving our customers. Especially given recent supply chain
challenges, we are honored to be recognized by BAE Systems for
operational excellence and are grateful for our strong partnership.
We’re excited for what’s ahead as we continue to grow our global
presence and enhance our ability to serve our customers.”
BAE Systems’ Partner 2 Win program is designed to achieve
operational excellence and eliminate defects in its supply chain by
raising the bar of performance expectations to meet the demand of
current and future customers. As part of the program, BAE Systems
meets regularly with its suppliers to transfer best practices to
ensure that the components and materials that compose BAE Systems
products meet the highest quality standards.
“We are very grateful for the partnership of companies like Luna
Innovations and look forward to another year of exceptional
performance,” said Kim Cadorette, vice president of operations for
BAE Systems’ Electronic Systems sector.
About Luna
Luna Innovations Incorporated (www.lunainc.com) is a leader in
optical technology, providing unique capabilities in
high-performance, fiber optic-based, test products for the
telecommunications industry and distributed fiber optic-based
sensing for a multitude of industries. Luna’s business model is
designed to accelerate the process of bringing new and innovative
technologies to market.
About BAE Systems
BAE Systems, Inc. and its 35,000 people are part of a global
defense, aerospace and security company with 89,600 employees
worldwide. We deliver a full range of products and services for
air, land, sea and space, as well as advanced electronics,
intelligence, security, and IT solutions and support services. Our
dedication shows in everything we design, produce and deliver— to
protect those who protect us in a high-performance, innovative
culture. We push the limits of possibility to provide a critical
advantage to our customers where it counts.
Forward-Looking Statement
The statements in this release that are not historical facts
constitute “forward-looking statements” made pursuant to the safe
harbor provision of the Private Securities Litigation Reform Act of
1995 that involve risks and uncertainties. These statements include
Luna’s expectations regarding technological capabilities, customer
relationship and operational efficacy related to its technology
and/or products. Management cautions the reader that these
forward-looking statements are only predictions and are subject to
a number of both known and unknown risks and uncertainties, and
actual results, performance, and/or achievements of Luna may differ
materially from the future results, performance, and/or
achievements expressed or implied by these forward-looking
statements as a result of a number of factors. These factors
include, without limitation, changes in market needs and
technological challenges and other risks and uncertainties set
forth in Luna’s periodic reports and other filings with the
Securities and Exchange Commission (“SEC”). Such filings are
available on the SEC’s website at www.sec.gov and on Luna’s website
at www.lunainc.com. The statements made in this release are based
on information available to Luna as of the date of this release and
Luna undertakes no obligation to update any of the forward-looking
statements after the date of this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20220405005171/en/
Investor: Allison Woody Luna Innovations Incorporated
Phone: 540.769.8465 Email: woodya@lunainc.com
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