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Northrop Grumman honors Permag as top supplier for excellence in defense industry partnerships

Market News
01 May 2026
PRNewsWire
Bullish
pluang ai news

Northrop Grumman recognized Permag with a Supplier Excellence Award for its strategic role in supporting national security through high-quality magnetic solutions. Permag, a leader in rare earth magnets and magnetic assemblies, supports critical aerospace and defense applications, contributing to Northrop Grumman's innovation in weapons, aircraft, and space systems. This award highlights the importance of strong supplier partnerships in advancing defense technology and sustaining over 100,000 jobs with a $27.8 billion economic impact. Permag's CEO emphasized their commitment to quality and continuous improvement as they build on this achievement.

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