Marotta

Marotta Controls Earns Exceptional Small Business Performance Award from Lockheed Martin for the Second Consecutive Year

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星期二, 五月 28, 2024
Marotta, Fire control, Lockheed Martin, Missile, Lockheed, Precision Strike Missile

MONTVILLE, N.J., May 28, 2024 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing aerospace and defense supplier, today announced it is one of fourteen recipients of the Lockheed Martin Exceptional Small Business Performance Award for 2023.

Key Points: 
  • MONTVILLE, N.J., May 28, 2024 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing aerospace and defense supplier, today announced it is one of fourteen recipients of the Lockheed Martin Exceptional Small Business Performance Award for 2023.
  • This marks the second consecutive year Marotta has received this award.
  • Presented by Lockheed Martin Missiles and Fire Control, this annual honor recognizes exceptional small businesses contributing to Lockheed’s success over the course of the previous year.
  • “Over the past 14 years, Marotta’s relationship with Lockheed Martin has grown from vendor to collaborator, contributor, and partner.

Indiva Reports Fiscal Year 2023 Results Including Record Positive EBITDA and Income From Operations

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星期四, 四月 25, 2024
Cannabis, Retail, Other Consumer, Consumer, Other Retail, Natural Resources, Food, Beverage, Dark, Cream, Conversation, OCS, Pomegranate, International Financial Reporting Standards, SKU, Cannabinoid, Commitment, Limited, Supply, No Future, News, Stock, Health Canada, Lemonade, Financial statement, Result, Chocolate, Edible, Granny Smith, Consolidated, Ageing, CBN, Marotta, Blackberry, International, THC, Management, Research, Automation, EPS, Marketing, Snack, CBG, Sale, CBD, Patient, Analysis, Loss, Bank statement, Growth

"We are very pleased with our performance in the fourth quarter and fiscal year 2023, generating record net revenue, improved gross margins as well as record positive EBITDA and income from operations.

Key Points: 
  • "We are very pleased with our performance in the fourth quarter and fiscal year 2023, generating record net revenue, improved gross margins as well as record positive EBITDA and income from operations.
  • 35% of net revenue in Q4 2023 was derived from brands created and owned by Indiva including Indiva 1432 chocolate, Indiva Blips, Indiva Doppio Sandwich Cookies, and No Future gummies and vapes, up from 20% of net revenue in Q1 2023.
  • Gross revenue in Q4 2023 was a record $12.6 million, representing a 15.5% sequential increase from Q3 2023, and a 21.9% increase year-over-year from Q4 2022.
  • EBITDA was a record positive $1.6 million, or 4.2% of net revenue in 2023 versus a loss of $4.8 million in 2022.

Marotta Controls Named a Top Workplace U.S.A. for 2024

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星期三, 三月 20, 2024
Control, Organization, Job satisfaction, Workplace, Marotta, Workforce, Human

MONTVILLE, N.J., March 20, 2024 (GLOBE NEWSWIRE) -- Marotta Controls , a leading aerospace and defense supplier, has been named one of New Jersey’s Top Workplaces for the third year running and a Top Workplace USA for 2024.

Key Points: 
  • MONTVILLE, N.J., March 20, 2024 (GLOBE NEWSWIRE) -- Marotta Controls , a leading aerospace and defense supplier, has been named one of New Jersey’s Top Workplaces for the third year running and a Top Workplace USA for 2024.
  • “Marotta Controls' success has always been fueled by its people – talented and dedicated employees who wholeheartedly believe in our mission and go the extra mile for our customers,” said Patrick Marotta, President and CEO, Marotta Controls.
  • “Patriotism and camaraderie have been inherent to our business since Day One and form the foundation of our company culture.
  • Marotta Controls saw higher marks for interdepartmental cooperation and genuine appreciation from the company as well.

Marotta Controls Named Lockheed Martin Elite Supplier

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星期二, 一月 9, 2024
Martin, Aegis Combat System, Marotta, Vibration, Partnership, Corrosion, Electronics, RMS, Radar, MIL, Seawater, Business development, Aegis, Lockheed Martin, Defense, Shock, Lockheed

MONTVILLE, N.J., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing Aerospace and Defense supplier, today announced that it has received the Lockheed Martin Rotary and Mission Systems (RMS) Elite Supplier Award.

Key Points: 
  • MONTVILLE, N.J., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing Aerospace and Defense supplier, today announced that it has received the Lockheed Martin Rotary and Mission Systems (RMS) Elite Supplier Award.
  • Marotta Controls’ Marine Business Unit is among 37 suppliers receiving this honor; honorees represent the top one percent of suppliers supporting the RMS business area.
  • “This most recent award acknowledges the strength of our long-standing relationship with Lockheed Martin as a whole in which trust, collaboration, and on-time/on-budget delivery have been standard practices, across divisions and programs,” said Bill Dimas, Vice President, Business Development, Marotta Controls.
  • Over the past 13 years, the partnership has yielded:
    For more information about the Marotta Controls marine system capabilities, visit https://marotta.com/markets/marine/ .

Marotta Controls to Provide Valves for NASA’s Mars Sample Return Program

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星期二, 十一月 14, 2023
DNA, Flow control, Red Planet, Risk, Perseverance, Jezero (crater), SRL, NASA, Spacecraft, JPL, MAV, Core, Mars sample-return mission, Hydraulic machinery, Marotta, Mars

MONTVILLE, N.J., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing aerospace and defense supplier with a 65-year-plus heritage in spaceflight, has been selected by NASA’s Jet Propulsion Laboratory (JPL) to supply two types of valves on the Sample Retrieval Lander (SRL), a key element of NASA’s Mars Sample Return program .

Key Points: 
  • MONTVILLE, N.J., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing aerospace and defense supplier with a 65-year-plus heritage in spaceflight, has been selected by NASA’s Jet Propulsion Laboratory (JPL) to supply two types of valves on the Sample Retrieval Lander (SRL), a key element of NASA’s Mars Sample Return program .
  • The SRL will carry the Mars Ascent Vehicle (MAV), a rocket charged with launching samples off the surface of Mars for return to Earth for study.
  • The Mars Perseverance rover is currently collecting and caching samples on Mars.
  • Both valves have been optimized to reduce the risk of sample contamination and safeguard the integrity of each vial’s contents.

Marotta Controls Trade Study Analyzes System-level Pressure Reduction Design Challenges for Aerospace Applications

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星期二, 十月 17, 2023
Technical, Marotta, ASCEND, Risk management

MONTVILLE, N.J., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing aerospace and defense supplier, today announced the publication of its latest trade study.

Key Points: 
  • MONTVILLE, N.J., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing aerospace and defense supplier, today announced the publication of its latest trade study.
  • The “Analytical Trade Study on Pressure Reducing Systems for Aerospace Applications” compares five pressure regulation designs in four primary system-level configurations and shares parameters for determining which type of pressure regulation system is most suitable for a particular design.
  • Marotta experts will present study findings at ASCEND 2023 in Las Vegas on Tuesday, Oct. 24 at 5:50 pm (Technical Session 4733).
  • “Even the most experienced system-level engineers may not recognize the broad impact of their pressure regulation design choices.

Marotta Controls Named Exceptional Small Business Supplier by Lockheed Martin for Third Time

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星期三, 十月 4, 2023
Partnership, Marotta, Fire control, United States Department of Defense, Mentorship, Lockheed, Precision Strike Missile, U.S. Department of Defense Strategy for Operating in Cyberspace, United States Department of the Army, Lockheed Martin, Arms industry, Jet fuel

MONTVILLE, N.J, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing aerospace and defense supplier, today announced that the company has received the Lockheed Martin Exceptional Small Business Award for 2022 - one of twenty companies selected for this honor.

Key Points: 
  • MONTVILLE, N.J, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Marotta Controls , a rapidly growing aerospace and defense supplier, today announced that the company has received the Lockheed Martin Exceptional Small Business Award for 2022 - one of twenty companies selected for this honor.
  • Marotta was also named Exceptional Small Business Supplier in 2015 for demonstrating dedicated program performance and achieving a 100 percent quality and delivery rating for a power supply on a missile program.
  • Marotta is a critical partner to Lockheed Martin on several platforms and has been selected as one of three small businesses to strengthen the defense industrial base for a high-priority program.
  • “When Marotta began working with Lockheed Martin, we were hungry for the business and eager to please.

Marotta Controls Delivers 30,000th CoRe Valve to SpaceX

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星期二, 七月 25, 2023
Oxygen, AFSC, Core, McCauley Propeller Systems, Marotta, SSL (company), Space Operations Command, Methane, SpaceX, Helium, Nitrogen, SMC

The supplier delivered its 30,000th CoRe® valve to SpaceX at its rocket development site in McGregor, Texas.

Key Points: 
  • The supplier delivered its 30,000th CoRe® valve to SpaceX at its rocket development site in McGregor, Texas.
  • The milestone marks a 50 percent increase in demand for the high performance, reusable solenoid valves in less than 18 months, underscoring Marotta Controls’ deepening footprint in the spaceflight market.
  • The CoRe Flow Controls series includes 10 of the company’s most versatile solenoid valves capable of supporting various industrial flow control applications.
  • Our CoRe valves satisfy all of those requirements and more.”
    The CoRe series’ popularity is largely driven by its quality and flexibility along with product accessibility.

Marotta Controls Named a New Jersey Top Workplace for 2023

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星期二, 三月 7, 2023
Control, Partnership, Organization, Defense, Marotta, Walking, NJ.com, Culture, Management, Film industry

Marotta Controls was one of 27 Aerospace and Defense companies evaluated nationwide and ranked in the top 36 percent in that category.

Key Points: 
  • Marotta Controls was one of 27 Aerospace and Defense companies evaluated nationwide and ranked in the top 36 percent in that category.
  • Throughout the last year, Marotta Controls rolled out a strategic reorganization designed to better support customers with dedicated business units.
  • “We have always and will always focus on our employees,” said Patrick Marotta , President and CEO, Marotta Controls.
  • “Marotta Controls owes its success to their commitment and passion for the work they do and the customers we serve.

Marotta Controls Celebrates 80 Years of Technology Innovation

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星期二, 一月 10, 2023
Other Defense, Off-Road Trucks & SUVs, Hardware, Technology, Automotive, Defense, Satellite, Engineering, Maritime, Air, Transport, Aerospace, Manufacturing, Moon, Power electronics, Apollo, Saturn, Reaction Motors, Marotta, Electronics, Growth, Creativity, Atmosphere, Polaris, Multimedia, Control system, Tiros, Renewable energy, Flow control

Marotta Controls , a rapidly growing aerospace and defense supplier based in New Jersey, celebrated its 80th anniversary.

Key Points: 
  • Marotta Controls , a rapidly growing aerospace and defense supplier based in New Jersey, celebrated its 80th anniversary.
  • View the full release here: https://www.businesswire.com/news/home/20230110005381/en/
    New Jersey-based aerospace and defense supplier Marotta Controls celebrates 80 years of technology innovation.
  • Marotta Controls began as a straight-forward production company focused on quality.
  • Since the moment it opened its doors, Marotta Controls has played a supporting role in significant events throughout aerospace history .