Permag™ Honors Northrop Grumman's Supplier Excellence Recognizing Defense Industry Strength

Permag™'s Achievement at the Supplier Excellence Awards

Permag™, a prominent player in the magnetic solutions space, was recently honored by Northrop Grumman Corporation (NYSE: NOC) as one of its top suppliers at the annual Supplier Excellence Awards. This prestigious acknowledgment illustrates Permag™'s commitment to enhancing the defense industrial base through strategic partnerships and innovation that play a critical role in national security.

With over 75 years of experience in manufacturing magnets and magnetic assemblies, as well as expertise in rare earth materials, Permag™ delivers high-precision solutions tailored for demanding applications in aerospace, defense, and various other industries. The company’s dedication to excellence has not gone unnoticed.

During the awards ceremony held on May 1, 2026, Joe Stupfel, CEO of Permag™, alongside key executives including Roger Mountford, VP of Sales and Marketing, and Norman Jones, Director of Sales, were present to receive the award. This recognition is not just a symbol of success but a testament to the hard work and dedication of the entire Permag™ team. Stupfel remarked, "We are honored to receive the Supplier Excellence Award, which reflects our team's commitment to quality and reliability in every aspect of our operations."

Ken Brown, Northrop Grumman’s Vice President and Supply Chain Director, highlighted the importance of robust partnerships saying, "The strong tradition of partnership we share fosters a network of innovators and collaborators aiming towards a common goal - protecting the United States and its allies. From sending humans to the moon to pioneering stealth technologies, Northrop Grumman and its esteemed partners have consistently pushed the boundaries of what is possible."

Permag™ has been recognized for its Strategic Excellence, emphasizing the vital role that suppliers play in providing next-generation capabilities in weapon systems, aircraft, missile defense, and space systems. Together, Northrop Grumman’s suppliers create an economic impact exceeding $27.8 billion annually and support over 100,000 jobs nationwide.

In reflecting on the award, Stupfel added, "This achievement is a significant milestone for our company, affirming the trust our clients place in us each day. We remain devoted to raising the bar and delivering exceptional value in all our endeavors."

About Permag™

Permag™ is a global leader in high-performance magnetic solutions, offering cutting-edge materials, precision components, and advanced magnets and magnetic assemblies essential for industries where performance is non-negotiable. With a legacy stemming from brands like Dexter, MCE, and EEC, Permag™ is committed to driving innovation, ensuring superior quality, and tackling the most complex challenges for their customers.

For more information about Permag™, you can contact Gustavo Olano, Senior Marketing Director at (978) 201-6910.