CANBERRA, Australia,
May 24, 2013 /PRNewswire/ -- Northrop
Grumman Corporation (NYSE: NOC) is significantly increasing its
commitment to Australia through
the award of contracts valued at $7.4
million to three new global supply chain partner companies
who will provide products and services for a variety of missions
and capabilities
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The Australian companies, which form part of Northrop
Grumman's expanded global supply chain, are Electro Optic Systems
(EOS) in Mt. Stromlo; CEA Technologies in Fyshwick; and Insitec in
Fyshwick. With expertise spanning aerospace hardware development,
space exploration services and software design, the companies were
selected by Northrop Grumman under the Australia Defence Materiel
Organisation's Global Supply Chain Program.
"Northrop Grumman's commitment to Australia is underscored by genuine and direct
investment in the Australian economy," said David Perry, vice president and chief global
business development officer, Northrop Grumman. "EOS, CEA
Technologies and Insitec represent Australia's vibrant defence industry and are
key additions to our Australian industry team. Each of these
relationships strengthens our ability to deliver products and
services critical to maintaining the national security of
the United States, Australia and our allies."
Northrop Grumman will continue to seek opportunities to invest
in Australian companies whose operations and business objectives
mutually benefit the U.S. and Australian governments.
"We look forward to further expanding our global supply chain
and to future investment in Australia's defence, aerospace and space
sector," Perry added.
In October 2011, Northrop Grumman
entered into a Global Supply Chain Deed with the Australian
Department of Defence, enabling them to work together to identify
opportunities for Australian industry to compete within the
company's global supply chain and those of its major suppliers.
Northrop Grumman is a leading global security company providing
innovative systems, products and solutions in unmanned systems,
cyber, C4ISR, and logistics and modernization to government and
commercial customers worldwide. Please visit
www.northropgrumman.com for more information.
SOURCE Northrop Grumman Corporation