Beaver Aerospace & Defense, a subsidiary of Phillips Service Industries (PSI) and global leader in the design and manufacture of custom and broad-range actuation technologies, today announced that it has received a 2012 Boeing Performance Excellence Award. The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance. Beaver maintained a Silver composite performance rating for each month of the 12-month performance period, from Oct. 1, 2011, to Sept. 30, 2012.

This year, Boeing recognized 594 suppliers who achieved either a Gold or Silver level Boeing Performance Excellence Award. Beaver Aerospace & Defense is one of only 441 suppliers to receive the Silver level of recognition.

“Beaver Aerospace & Defense is honored to receive the Boeing Performance Excellence Award,” said Ben Kearns, General Manager of Beaver Aerospace & Defense. “We also take tremendous pride in being the industry leader in on-time delivery, with current performance exceeding 99+%.”

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 electromechanical actuators, ball screws, ball splines and gears can fit virtually any application, and are known throughout the industry for their reliable quality, precision and performance.