Lockheed Martin Names Parvus Small Business Of The Year 2008

Wednesday, April 15, 2009 by Parvus Corp

Parvus has been named by Lockheed Martin as Small Business Of The Year 2008. This singular recognition comes as a result of Parvus meeting or exceeding all quality objectives, delivery schedules and project deliverables related to pre-production communication, navigation, and identification (CNI) battery subsystems for the F-22 Raptor. These units provide redundant, fail-safe power in all situations to critical encryption/decryption equipment onboard the F-22 aircraft.

Parvus director of aerospace and defence programmes Mike Simpson said: "Despite the complexity of the technology and fast-track nature of the CNI battery programme, Parvus maintained on-time delivery rates exceeding 95%, including a functional prototype only six months after contract award and a production-representative unit after ten months.

"All safety-of-flight qualification testing was completed after 15 months, and now we are in the thick of fulfilling our $3.5 million production contract."

Parvus went beyond the scope of the original development contract to implement design features and reliability improvements that are expected to save hundreds of man-hours per month of maintenance time. While the contract specification required 30 days of total battery life under worst-case conditions, Parvus's final design achieved more than 40 days without a recharge, which greatly improves the mission readiness of the F-22.

An ISO-9001 quality-certified company since 1993, Parvus has a long history of working with Lockheed Martin on a variety of aerospace and defence programmes. Parvus enjoys delegated source inspection authority with Lockheed for its strong quality and delivery performance.