| Northrop
Grumman's Newport News Sector Receives Defense Contractor
of the Year Award
From Greater Los Angeles African American Chamber of Commerce

(Left
to right) Gene Hale, GLAAACC Chairman; Veasey Wilson,
executive director for Supply Chain Management at
Northrop Grumman Newport News; John Shephard, senior
vice president, Operations at Northrop Grumman Newport
News; and Michael Spells, Sourcing manager |
NEWPORT NEWS, Va., April 2, 2003 – Northrop
Grumman Corporation's (NYSE: NOC) Newport News sector announced
today that it has received the Defense Contractor of the
Year Award from the Greater Los Angeles African American
Chamber of Commerce (GLAAACC). The award was presented to
the company's Newport News sector for its long-standing
practice of contributing to the economic growth and development
of the African American community.
John Shephard, senior vice president, Operations,
for Newport News, accepted the award on behalf of the company.
"This award is a recognition of the longstanding effectiveness
of our small and disadvantaged business program." The
program, which has been in place for 30 years, expands the
sector's diverse supplier base and provides small, minority
and women-owned suppliers the opportunity to compete on
an equal basis with larger, traditional suppliers in the
market place.
"Northrop Grumman Newport News views
supplier diversity as an essential part of our business
culture and success. We spent over $36 million with minority
suppliers in 2002. They came through again for us, and we
value them greatly as part of our business team. It’s a
real win-win," Shephard said.
Newport News is also a sponsor of multiple
business opportunity fairs including the Virginia Business
Opportunity Fair (VBOF) in Richmond, Va., May 5-7, 2003.
These outreach events provide minority-owned firms with
a way to introduce themselves to potential customers and
to develop business opportunities.
"The Defense Corporation of the Year
Award is being given to Northrop Grumman Newport News for
its commitment and participation with members of the Greater
Los Angeles African American Chamber of Commerce,"
GLAAACC Chairman Gene Hale said. "They have provided
over $1 million in subcontract work to chamber members."
Northrop Grumman Newport News, headquartered
in Newport News, Va., is the nation's sole designer, builder
and refueler of nuclear-powered aircraft carriers and one
of only two companies capable of designing and building
nuclear powered submarines. Newport News also provides after-market
services for a wide array of naval and commercial vessels,
and has the capability to design, build and maintain every
class of ship in the U.S. Navy's fleet. The Newport News
sector employs about 18,000 people.
Contact:
Jennifer Dunn
(757) 380-3558
|