#USA #Elk Grove Village #Northrop Grumman #Supplier Excellence #Permag™

Permag™ Receives Supplier Excellence Award from Northrop Grumman

In an impressive recognition event held on May 1, 2026, in Elk Grove Village, Illinois, Permag™ was awarded the prestigious Supplier Excellence Award by Northrop Grumman Corporation (NYSE: NOC). This accolade acknowledges Permag’s unwavering commitment to enhancing the industrial defense base through innovation and collaboration. With an impressive track record of over 75 years in manufacturing magnets and magnetic assemblies, Permag has positioned itself as a pivotal player in providing advanced solutions tailored for mission-critical applications in aerospace, defense, and other demanding industries.

The award ceremony was not just a mere formality; it was a testament to the robust partnerships forged in the defense sector. Northrop Grumman has always prioritized cultivating strong alliances with committed innovators and collaborators who share a common goal of safeguarding the United States and its allies. Ken Brown, Northrop Grumman's Vice President and Chief Supply Chain Officer, remarked, “From sending the first humans to the moon to revolutionizing defense technology with stealth capabilities, Northrop Grumman and our partners have consistently pushed the boundaries of what is possible.”

Permag's recognition underscores the essential role suppliers play in delivering next-generation capabilities across various sectors, including weapons, aircraft, missile defense systems, and space systems. In fact, Northrop Grumman's suppliers collectively support over 100,000 jobs nationwide, contributing to an impressive annual economic impact exceeding $27.8 billion.

Expressing pride in this achievement, Joe Stupfel, CEO of Permag, stated, “Receiving the Supplier Excellence Award is not only a significant milestone for our company but also a reflection of the trust our clients place in us every day. It demonstrates our steadfast commitment to quality, reliability, and partnership. We remain focused on continuously raising our standards and delivering exceptional value in everything we do.”

About Permag

Permag stands as a global leader in high-performance magnetic solutions, offering cutting-edge materials and precision-engineered components. The company is renowned for its advanced magnet manufacturing and magnetic assemblies, catering to industries where peak performance is non-negotiable. With a storied history that includes brands like Dexter, MCE, and EEC, the Permag Group is dedicated to driving innovation, delivering top-tier quality, and resolving the most challenging problems faced by its customers.

For more information, please contact:
Gustavo Olano
Senior Marketing Director
Permag
+1 (978) 201-6910