BAE Systems honors Richardson Electronics, Ltd. with gold

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LAFOX, Ill., April 12, 2022 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) announced today that it has received a Gold Tier Award for outstanding performance and contributions to supply chain success from BAE Systems, Inc.’s Electronic Systems division. Richardson Electronics was honored in a virtual ceremony and selected from the pool of suppliers who worked with BAE Systems in 2021.

“Everyone at Richardson is extremely proud to work with such an exceptional company as BAE. We enjoy our partnership and will continue to do everything we can to exceed BAE’s requirements to be successful,” said Greg Peloquin, Executive Vice President and General Manager – Power and Microwave Division.

BAE Systems’ Partner 2 Win program is designed to achieve operational excellence and eliminate supply chain deficiencies by raising the bar on performance expectations to meet the needs of current and future customers. As part of the program, BAE Systems meets regularly with its suppliers to share best practices to ensure the components and materials that make up BAE Systems’ products are of the highest quality standards.

“We are extremely grateful for the partnership of companies like Richardson Electronics and look forward to another year of exceptional achievements,” said Kim Cadorette, vice president of operations for BAE Systems’ Electronic Systems division.

About BAE systems

BAE Systems, Inc. and its 35,000 employees are part of a global defense, aerospace and security company employing 89,600 people worldwide. We deliver a full range of air, land, sea and space products and services as well as advanced electronics, intelligence, security and IT solutions and support services. Our commitment is evident in everything we design, produce and deliver – to protect those who protect us in a high-performing, innovative culture. We push the limits of what is possible to offer our customers a decisive advantage where it counts.

About Richardson Electronics – Power and Microwave Technologies

For 75 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave, and power products. With the formation of the Power & Microwave Technologies Group, we are continuing this legacy and complementing it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group is focused on what we do best: identifying and designing breakthrough technologies, introducing new products on a global basis, developing solutions for our customers and providing exceptional worldwide support. As a global company, we provide solutions and value through design-in support, systems integration, prototyping design and manufacture, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. Visit www.rellpower.com for more information.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global manufacturer of engineered solutions, power line and microwave tubes and related consumables; power conversion and RF and microwave components; quality replacement parts, tubing and service training for diagnostic imaging equipment; and customized display solutions. More than 60% of our products are made in LaFox, Illinois, Marlborough, Massachusetts, or Donaueschingen, Germany, or by one of our manufacturing partners around the world. All of our partners manufacture to our strict specifications and our Supplier Code of Conduct. We serve customers in the alternative energy, healthcare, aerospace, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The company’s strategy is to offer specialized technical know-how and “technical solutions” based on our core competencies in engineering and manufacturing. The company provides solutions and value through design-in support, systems integration, prototyping design and manufacture, testing, logistics, and aftermarket technical service and repair through its global infrastructure. Visit www.rell.com for more information.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

For details contact: 40W267 Keslinger Strasse
Chris Marshall PO Box 393
CTO/VP Marketing LaFox, IL 60147-0393 USA
Phone: (630) 208-2222 (630) 208-2200 | Fax:(630) 208-2550
[email protected]

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