HERNDON, Va., Feb. 3, 2010 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has appointed Jack Stumpf vice president, and business operations director and chief financial officer of National Security Technologies LLC (NSTec), located at the Nevada Test site. Northrop Grumman is the managing partner of this joint venture, which supports the National Nuclear Security Administration.
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In this position, Stumpf’s responsibilities will include providing financial oversight and management direction for the accounting, financial reporting, payroll, rates, contracts, compliance, property management, procurement and information technology organizations. He will also serve on NSTec’s Benefits and Corporate Investments committees.
Stumpf has been with Northrop Grumman for 26 years serving in positions of increasing responsibility including business management director for Northrop Grumman Information Technology Solutions. He also led the stand-up of the business management and benefit functions for NSTec upon contract award in 2006. In 2007, Stumpf received the Northrop Grumman Chairman’s Award for Excellence for the NSTec teams work during the program’s stand up.
Stumpf earned his bachelor’s degree in economics from the State University of New York and a master’s degree in finance from the New York Institute of Technology.
“As a senior leader on the NSTec team, Jack Stumpf’s vast experience and knowledge will provide both sound fiscal management as well as strategic focus towards achieving organizational goals and objectives, all while maintaining the high standards we’ve set in customer satisfaction,” said James Cameron, corporate vice president and president of Northrop Grumman’s Technical Services.
NSTec was formed in 2006 as a joint venture between Northrop Grumman’s Technical Services sector, AECOM, CH2M Hill and Nuclear Fuel Services.
Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.
