|By PR Newswire||
|August 12, 2014 10:00 AM EDT||
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.
"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.
SOURCE Northrop Grumman
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