Interphase Corporation Establishes Preferred Supplier Status with Lockheed Martin Corporation
Interphase Corporation, an international supplier of enterprise networking technologies, has entered into a multi-year purchasing agreement with Lockheed Martin Corporation, a premier technology company. As part of this agreement, Interphase has been granted preferred supplier status for Lockheed Martin's worldwide locations, providing streamlined ordering processes and ensuring the highest quality products for Lockheed Martin's customers. The agreement reflects the company's commitment to developing significant business relationships with premier technology companies like Lockheed Martin.
Key Takeaways:
- The agreement establishes Interphase as a preferred supplier for Lockheed Martin Corporation, providing streamlined ordering processes and ensuring the highest quality products for Lockheed Martin's customers.
- The partnership between Interphase and Lockheed Martin spans multiple programs, including high-profile defense projects such as the AEGIS Weapons System and The Advanced Tomahawk Weapon Control System (ATWCS).
- As part of the agreement, Lockheed Martin's engineering and procurement personnel will have direct access to Interphase product specifications and pricing via a special Web site established specifically for the Interphase/Lockheed Martin supplier relationship.
- The customized Web site provides worldwide access to the latest information on the entire line of Interphase communications products, including the popular PowerSAN Fibre Channel adapter and the award-winning ENTIA(TM) line of WAN communications controllers.
- Interphase has partnered with Lockheed Martin on numerous programs, showcasing the company's commitment to developing significant business relationships with premier technology companies.
- The agreement builds on the substantial success of Interphase's existing work with Lockheed Martin and demonstrates the company's commitment to capitalizing on opportunities for global information services in the defense and commercial sectors.
Statistics:
- The agreement is a multi-year purchasing agreement, with no specific end date mentioned.
- Interphase has partnered with Lockheed Martin on multiple programs, including high-profile defense projects such as AEGIS and ATWCS.
- Lockheed Martin's core businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems integration.
- Interphase had 1998 sales surpassing $26 billion, according to Lockheed Martin's 1998 financial report.
- Interphase is a publicly traded company and has been listed on NASDAQ (INPH) since 1984.
Sources:
- Business Wire, "Interphase Corporation Establishes Preferred Supplier Status with Lockheed Martin Corporation," Sept. 28, 1999.
- Interphase Corporation, "Press Releases," http://www.iphase.com.
- Lockheed Martin, "About Us," http://www.lockheedmartin.com.