Beaver Aerospace & Defense, a global leader in the design and manufacturing of unique and broad-range actuation technologies, today announced that it has received a 2010 Boeing Performance Excellence Award. The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance. Beaver maintained a Gold composite performance rating for each month of the 12-month performance period, from Oct. 1, 2009 to Sept. 30, 2010.

This year, Boeing recognized 558 suppliers who achieved either a Gold- or Silver-level Boeing Performance Excellence Award. Beaver is one of only 141 suppliers to receive the Gold level of recognition.

“Beaver Aerospace & Defense is honored to receive the Gold-Level Boeing Performance Excellence Award,” said Jason Ratcliffe, General Manager of Beaver Aerospace & Defense. “Beaver takes great pride in being recognized by a world-class company like Boeing and looks forward to continued success in the future.”

Beaver supplies ball splines to Boeing for the CH-47 Chinook helicopter, as well as a camera deployment actuator for the P-8 military aircraft. Beaver’s award-winning actuation systems and components (e.g. ball screws and gears) are custom designed to fit virtually any application. And, to top it off, Beaver is the industry leader in on-time delivery, with current performance exceeding 99.8%.

“Performance excellence is fundamental to the success of both our companies,” said Ron Shelley, Vice-President of Supplier Management for Boeing Defense, Space & Security. “We extend our sincere congratulations to the employees of Beaver Aerospace & Defense, Inc. for demonstrating their dedication to the high performance standards necessary to meet customer expectations and remain competitive in the global economy.”

For more information on the Boeing Performance Excellence Award, visithttp://www.boeing.com/companyoffices/doingbiz/supplier_portal/bpea.html.

For more information on Beaver Aerospace & Defense, visit http://www.beaver-online.com. You can also follow Beaver on Twitter at http://www.twitter.com/beaveraerospace, as well as on Facebook at http://www.facebook.com/beaveraerospace.

Beaver Aerospace & Defense, Inc., a subsidiary of Phillips Service Industries, Inc., is a global leader in the design and manufacturing of unique and broad-range actuation technologies for the aerospace and defense industries, serving commercial and military markets as well as the alternative energy industry. Our award-winning actuation systems and components (e.g. ball screws, gears and splines) are custom designed to fit virtually any application and can be found on some of the most advanced aircraft, missile applications and mission-critical space exploration systems in the world. Beaver also provides expert repair, overhaul and testing services for all electromechanical actuators and ball screws. And, to top it off, Beaver is the industry leader in on-time delivery, with current performance exceeding 99.8%.