ethics

ETHICS & COMPLIANCE RESOURCES FOR SUPPLIERS

Apr. 20, 2017 -- You already know that the Ethics Statement in all Lockheed Martin purchase orders “encourages all suppliers to implement an effective ethics program, including adopting a written code of conduct.” But did you know that we updated the Ethics Statement earlier this year? Now, suppliers “are expected to conduct themselves in a manner consistent with the principles expressed in either the Lockheed Martin Supplier Code of Conduct or the Defense Industry Initiative Model Supplier Code of Conduct.”

Prior to this change, suppliers were only flowed the Lockheed Martin Supplier Code. We modified our purchase order language to support efforts by the Defense Industry Initiative on Business Ethics and Conduct (DII) to promote use of an industry-wide supplier code of conduct. This would reduce the burden on small aerospace and defense firms of ensuring compliance with each customer’s different expectations. In addition, companies without a code of conduct can adopt DII’s Model Supplier Code, with or without modifications, as their own. For more information on this initiative, send an email.

DII offers a Small Business Toolkit and a series of Best Practices Webinars to help companies design, implement, maintain and augment their business ethics and conduct compliance programs. The next webinar, scheduled for July 19, is “Writing and Implementing a Code of Conduct and Policies and Procedures.” These DII resources complement Lockheed Martin’s own Ethics Supplier Mentoring Program, which includes a suite of self-serve resources, a live webinar series featuring small business case studies, and the option for one-on-one mentoring. All DII and Lockheed Martin ethics resources are completely voluntary and free of charge for all users.