GE pleasantly surprises Beacon with a multiyear award in the amount of $2.3 Million for the production of CF34 Torque Couplings to support a major retrofit program.
Jan 2010

GE announced the award stating the new year has started off well....we have several hundred units due in 2010/2011 that the U S Government has been expediting GE for. The folks at Beacon have done a really Outstanding job short cycling and delivering these to meet U S Military critical field retrofit needs in 2009. It is the right move for GE to extend the current agreement with Beacon to continue producing these critical Torque Couplings.

Multiyear contract in the amount of $2.4 Million, for the production of F101 major structural supports (Durability Critical Items), has been awarded to Beacon by the DOD
Oct 2009

Rob Sarkisian, Beacon President and COO, notified Beacon's board of the award saying "Our proposal was evaluated based on (PPT) Performance Price Tradeoff." He explained that Beacon was not the low bidder, however the DOD recognized that Beacon's past performance relative to delivery and product quality were superior to its competition and made the award based on a "Best Value" decision. Rob smiled and concluded his announcement by saying "The true recognition of past performance is repeat business."

GE honors Beacon with $2.2 Million agreement for F404 major rotor components
Sept 2009

Beacon director Kerry Sarkisian Bouthot (Daughter of Beacon founder and former chairman Norman Sarkisian) commented "Major rotor parts have always been a strength of ours and we're proud to be able to support GE on the F404 program." Kerry went on to say "My father always told us when times are tough, somehow someway, Beacon manages to win an unfair share of business, and this is still true today as we beat out the best International players in our marketplace."

DOD issues requirements contract for J79 major rotor seal to Beacon in the amount of $500,000.
June 2009

Beacon's chairman Rob Sarkisian was pleased to receive the award after a year long bidding process resulted in the customer focusing its award criteria on delivery performance first, technical capability second, and finally price third. Mr. Sarkisian commented that "The Beacon team should be pleased with this win as its recognition of the fact that we provide delivery performance and technical capability at prices that are competitive in the global marketplace."

Beacon announces the addition of Bruce Bannon to its Executive Management Team.
May 18, 2009

Bruce Bannon comes to Beacon with a very successful track record in marketing, sales, and strategic business development with best-in-class organizations, such as Smiths Aerospace, Allied Signal, Whittaker Controls, Grimes Aerospace, GKN-Chemtronics, and RMU Titanium.

Bruce will be responsible for growing Beacon's overall business by developing practical growth plans, closing on new business with current customers, growing customer base, expanding markets and product offerings. Additionally, he will develop a strategic business development plan and explore opportunities for joint ventures, workshare agreements, partnerships and licensing.

Terry Carver, Beacon's Vice President of Administration, commented, "This is a huge success for Beacon, being able to partner with a guy like Bruce. Bruce has high integrity and has been very successful with everything he does, from football to the business world. What's most amazing about Bruce is that he's extremely humble... For instance, he won't tell you that he played four years at Penn State for Joe Paterno and won a Super Bowl with the Miami Dolphins... In today's world, a guy with humility like Bruce is rare. Wow, what a great addition to the team!"

U.S. Navy awards Beacon $1.1 Million contract for axial compressor case used on UH-I "HUEY" and the CH-46E "Sea Knight" employed by the U.S. Navy and U.S. Marine Corps.
January 20, 2009

In 2004, the Navy sought sources to support the increased demand forecast and projected future needs forecast for a complex compressor case assembly consisting of fourteen (14) different detail components. Beacon worked closely with the Navy for two years through the initial approval and qualification phase, demonstrating its ability to manufacture complex assemblies and emphasizing its past performance producing high quality military hardware.

In 2006, after a tireless effort by both the Navy and Beacon's technical personnel, Beacon was granted source approval. This approval recognizes Beacon as an approved source to manufacture the assembly for the U.S. Department of Defense. But this was only step one. Now Beacon had to compete for an order.

Finally in 2009, after a year-long bidding process, Beacon was awarded an initial order to develop and manufacture the axial compressor case assembly.

Neal Bouthot, Beacon President and CEO, stated, "The source approval path to future business is a long and grueling journey, but I've found that if you can stick with it, you will be rewarded in the end. Winning a $1.1 million order from the world's largest customer is very satisfying at the end of the day and this project fits very well into our family of complex structural components."

GE Power Systems signs $4.5 million contract with Beacon to supply HPT disks for it's very popular, high efficiency gas turbine.
August 1, 2008

Beacon was pleased to receive its first award for LMS100 components when it was notified by GE that it had won a $4,536,000 multi-year order for major rotor disks. Production is slated to begin in 2010 and will continue for three years.

Beacon's President and CEO, Neal Bouthot, said, "Wow... this sends a strong signal to the people of Beacon that we are a viable competitor in the world aerospace market, when a customer the likes of GE awards its most critical rotating components to Beacon, an independently-owned business, after competing us against multi-billion-dollar corporations for Asia, Europe, and the U.S."