WINFIELD, Kan.--(BUSINESS WIRE)--Galaxy Technologies Corporation (“Galaxy”) announced today it has earned a 2013 Boeing Performance Excellence Award. The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance. Galaxy earned the award by maintaining a “Gold” composite performance rating of 100 percent for quality and delivery during the 12-month period from October 2012 to September 2013. Boeing recognized only 582 companies out of more than 10,000 contracted suppliers over this period.
“We are honored to be recognized as a Gold supplier by The Boeing Company for our performance,” said Ed Boyington, Galaxy president and chief executive officer. “Our employees are dedicated to providing customers and end users with the highest levels of quality and on-time delivery. This award is a direct result of their dedication.”
Galaxy Technologies is a major supplier for the design, manufacturing and assembly of production tooling for aerospace, defense and plastic markets. Major customers include Boeing, AEC, Spirit Aerosystems, Northrup Grumman, Lockheed Martin, Rubbermaid and Coleman. Gladstone Investment is the majority shareholder of Galaxy’s parent company, Galaxy Tool Holding Corporation. Gladstone Investment Corporation is a publicly traded business development company that seeks to make debt and equity investments in small- and mid-sized businesses in the U.S. in connection with acquisitions, changes in control and recapitalizations.