Northrop Grumman Corporation (NYSE:NOC) continues its efforts to partner with leading Australian companies to develop the company's global supply chain in Australia. To date, Northrop Grumman has contracted with more than 15 different Australian small and medium enterprises in either a first tier subcontractor role or lower tier supplier role.
Australian small and medium enterprises have been contracted to support Northrop Grumman on a variety of missions, providing subcontractor support on U.S. Government and U.S. military aircraft programs, cutting-edge space studies, critical cybersecurity initiatives and logistics. In total, the company has awarded Australian companies contracts totaling more than $14 million to date.
Most recently, Northrop Grumman issued requests for information and rough order of magnitude pricing solicitations to 10 Australian small and medium enterprises in support of High Altitude Long Endurance programs. These solicitations, for work in the areas of composites, sheet metal, and machined parts and tubing, included over 900 parts for bid.
The work includes both aircraft part manufacturing and post-delivery sustainment activities, with a potential total value of more than $115 million over the life of the program. Northrop Grumman will continue its solicitation process to find best-value Australian suppliers and will leverage the recent acquisitions of M5 Network Securities and Qantas Defense Services to further expand its Australian supply chain.
Source: Northrop Grumman Corporation (NYSE:NOC)
Date: Jul 14, 2014