OREANDA-NEWS.    Boeing (NYSE: BA) has honored 16 organizations with its Supplier of the Year awards, recognizing exceptional performance and contributions to the aerospace company's success during 2013. The awards are based on meeting or exceeding quality, on-time delivery, post-delivery support and affordability goals, and demonstrating the ability to anticipate and respond to changing requirements.

"These supplier-partners performed exceptionally last year—in ways that differentiated them," said Jim McNerney, Boeing chairman and chief executive officer. "They helped us provide our customers with more capability for less cost in today's dynamic environment. We look to their partnership in the future to keep Boeing at the forefront of technology, innovation, productivity and affordability."

Each year, Boeing spends more than USD 60 billion for goods and services from more than 21,000 suppliers and partners around the world that collectively employ more than one million people. In 2013, Boeing's global supply chain contributed more than 60 percent of the value of its products.

"With increasing competition and tightening budgets, it's more important than ever to have a global supply chain that is committed to first-time quality and component reliability and consistently delivers high performance," said Jack House, vice president, Supplier Management for Boeing Defense, Space & Security. "Our Supplier of the Year award winners have demonstrated that they are willing to help us create a long-term competitive advantage, leading to our collective success."