Stitch Fix Inc
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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Value
Company profile

Stitch Fix, Inc. is an online personalized styling service company. The Company operates primarily in the United States and United Kingdom. The Company combines the human touch of stylists with the precision of advanced data science to make online personal styling accessible to everyone. The Company serves its clients in categories, such as women's, petite, maternity, men's, kids, and plus apparel, as well as shoes and accessories. The Company leverages its data science through a custom-built, Web-based styling application that provides recommendations to its stylists from its selection of merchandise. It also gathers a range of merchandise data, such as inseam, pocket shape, silhouette, and fit. Its clients can engage in receiving a personalized shipment of items informed by its algorithms and sent by a Stitch Fix stylist (a Fix). Its clients can purchase directly from its Website or mobile app based on a personalized assortment of outfit and item recommendations.

Closing Price
$4.94
Day's Change
0.52 (11.76%)
Bid
--
Ask
--
B/A Size
--
Day's High
4.98
Day's Low
4.33
Volume
(Above Average)
Volume:
2,982,170

10-day average volume:
2,683,509
2,982,170

Lockheed Martin and Sintavia Team Up to Advance Metal Additive Manufacturing

7:00 am ET December 7, 2022 (BusinessWire) Print

Lockheed Martin Corporation, (NYSE: LMT), and Sintavia, LLC, today announced a collaboration to expand research of metal additive manufacturing (AM) opportunities as an alternative to castings and forgings. AM, also known as 3D printing, has the capability to improve efficiencies in existing castings and forgings supply chains, and provide parts with a higher level of detail and greater design opportunities.

Sintavia is an AM supplier to Lockheed Martin, supporting several programs in the manufacture and production of metal additive parts. The new collaboration will explore additional AM technology areas, including laser powder bed fusion, electron beam-directed energy deposition and friction stir AM.

This enhanced relationship builds on the White House initiative "AM Forward," announced by President Joe Biden in May, a voluntary compact aimed at strengthening U.S. supply chains by supporting U.S.-based suppliers' adoption and deployment of AM.

"Sintavia and Lockheed Martin are committed to improving the capability, agility and competitiveness of the defense industrial supply base," said Brian Neff, Sintavia's founder and CEO. "Our partnership with Lockheed Martin seeks to identify and streamline manufacturing inefficiencies, specifically in the production of flight critical structures."

"Lockheed Martin's collaboration with Sintavia demonstrates our dedication to the White House's AM Forward campaign in reducing overall operating costs and strengthening our domestic supply chain, efforts that are in line with our 21st Century Security vision," said David Tatro, vice president for Operations Process Transformation at Lockheed Martin.

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Please follow @LMNews on Twitter for the latest announcements and news across the company.

About Sintavia

Sintavia designs and 3D prints advanced propulsion and thermodynamic systems for customers in the aerospace and defense industry. A founding member of the Additive Manufacturer Green Trade Association, Sintavia is committed to the highest quality standards in the industry and holds multiple Nadcap and other aerospace accreditations. For more information visit http://www.sintavia.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221206006041/en/

SOURCE: Sintavia, LLC and Lockheed Martin Corporation">

Lockheed Martin Media Contact: 
Kaleb Bennett, Communications Rep, +1 202-247-6697, kaleb.m.bennett@lmco.com 

Sintavia, LLC Media Contact: 
Lindsay Lewis, Director of Corporate Strategy, +1 954-474-7800, LLewis@sintavia.com
comtex tracking

COMTEX_420366239/1006/2022-12-07T07:00:01

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