FALLS CHURCH, Va., Aug. 12, 2014 /PRNewswire/ -- Northrop
Grumman Corporation (NYSE: NOC) has been rated the number one
aerospace and defense (A&D) company in the 2014 Gartner Supply
Chain Top 25: A&D report, published Aug. 5, for the second year in a row. This is the
10th 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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"Across the enterprise, our supply chain is helping us to
provide our customers with innovative, affordable and
top-performing products and services," said Mark A. Caylor, corporate vice president,
president of Enterprise Services and chief strategy officer,
Northrop Grumman. "We set out to establish the most professional
supply chain and our numbers prove we are succeeding. This is not a
one-year or two-year initiative, as supply chain theory and
practice are accelerating at a rapid pace."
Earlier this year, Northrop Grumman was rated the third best in
the nation and number one among A&D companies for providing
business opportunities to diverse business owners by
DiversityBusiness.com. In 2013, Northrop Grumman contracted
$6.9 billion to a broad base of
approximately 9,500 suppliers. More than 36 percent of Northrop
Grumman procurement spending goes to small businesses and women- or
minority-owned firms. The company has met and exceeded the 23
percent small business statutory goals for more than 10 consecutive
years and has received numerous awards and recognition for support
of socio-economic business programs.
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.
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SOURCE Northrop Grumman