LOS ANGELES, Dec. 20, 2007 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) presented 24 suppliers and 49 of its employees with recognition awards last week for their outstanding support of the company's Socio-Economic Business Programs (SEBP).
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Created in the early 1980s, the World Class Team awards recognize suppliers and employees whose work demonstrates exceptional support and commitment to SEBP goals and objectives. This year's activity included a reception hosted by Northrop Grumman chairman and chief executive officer Ronald D. Sugar and an awards luncheon in Los Angeles. The featured speaker at the luncheon was Ronald A. Poussard, director of Office of Small Business Programs for Office of the Secretary of the Air Force.
"The employees and suppliers that were selected to receive World Class Team awards have greatly contributed to the success of Northrop Grumman's Socio-Economic Business programs," says Gloria Pualani, director of SEBP/Government Relations for Northrop Grumman. "The hard work and dedication that they displayed is truly impressive."
SEBP programs play a key role in connecting small businesses interested in working with Northrop Grumman with the company's procurement and technical organizations. This can lead to significant business opportunities. In FY07, Northrop Grumman awarded $9.2 billion in subcontracts, with small businesses receiving more than $3.7 billion (38.2 percent) of those awards.
The suppliers recognized with World Class Supplier awards consistently demonstrated responsiveness and flexibility to help meet Northrop Grumman production needs along with high work quality, on-time delivery, outstanding cost management and reliable performance.
Suppliers honored with recognition awards were: All-Ways Metal, Inc., Anaren Microwave, Inc., Beaver Aerospace & Defense, Boecore, Inc., Chemical Strategies, Inc., Chipton Ross, Inc., Coast / Advanced Chip Magnetics, COLSA Corp., Derbyshire Machine & Tool Co., Dovel Technologies, Equipment Management Technology, Global Test Equipment, Inc., Holt Tool & Machine Co., Jackson Aerospace, Inc., Lubeco Inc., M7 Aerospace LP, Mil Tech Electronics, Inc., nLight Corp., RESCO Defense, Storm Products Co., US Tool Group, Inc., VAC Enterprises, WV Communications, and Universal Systems.
Similarly, employees were recognized for consistently going above and beyond customary work requirements to help Northrop Grumman's small business office meet or exceed its goals.
Northrop Grumman Corporation is a $30 billion global defense and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.
