FALLS CHURCH, Va., Nov. 26, 2013 /PRNewswire/ -- Northrop
Grumman Corporation (NYSE: NOC) has been rated the number one
aerospace and defense (A&D) company in the 2013 Gartner Supply
Chain Top 25: A&D report. This is the ninth annual Gartner
Supply Chain survey, conducted to raise awareness of the supply
chain discipline and how it impacts the business, according to
Gartner. The rankings are based on company and supply chain
financial performance, as well as inputs from supply chain analysts
and companies around the world with leading supply chains.
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"We recognize the critical role our supply chain plays in
helping us apply innovation, affordability and top performance to
meet the increasingly more challenging global security needs of our
customers," said Harry Q. H. Lee II,
vice president, Corporate Contracts, Pricing and Supply Chain,
Northrop Grumman. "We track our performance in this area and our
supply chain – including our employees, suppliers, processes and
tools – has made a significant contribution to Northrop Grumman's
affordability and performance objectives. We believe the Gartner
ranking is further evidence that we are on the right track."
In 2012, Northrop Grumman contracted $7.9
billion to a broad base of approximately 9,500 suppliers.
More than 35 percent of Northrop Grumman procurement spending goes
to small, women or minority-owned firms. The company has met and
exceeded the 23 percent small business statutory goal for more than
10 consecutive years and has received numerous awards and
recognition for support of socio-economic business programs.
The 2013 Gartner Supply Chain Top 25: A&D report was
prepared by Gartner analysts Jane
Feitler, Ray Barger, Jr. and
Marko Pukila.
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