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NORTHROP GRUMMAN CORPORATION

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Northrop Grumman : Australia Signs Agreement with Engineers Australia to Support Continued Workforce Professionalisation

09/14/2021 | 05:12pm EDT

CANBERRA, Australia - Sept. 15, 2021 - Northrop Grumman Australia (NYSE: NOC) has signed an agreement with Engineers Australia to support the professionalisation of its rapidly growing workforce. This new arrangement provides Northrop Grumman Australia's engineering cohort with training and development opportunities to expand their technical expertise and professional networks while supporting their journey to achieving internationally recognised credentials.

'Northrop Grumman Australia is a trusted provider of mission critical systems and technologies in support of a safe, secure and prosperous nation,' said Derek Reinhardt, director engineering, Northrop Grumman Australia. 'Integral to this is investing in the professional development and skilling of our local workforce.'

'While we continue to leverage world-leading global expertise, a key focus for the business is growing our in-country capacity to support the Commonwealth, Australian Defence Force and broader Defence industry. Our agreement with Engineers Australia helps to grow our sovereign engineering capability.'

Northrop Grumman Australia's engineering, technologist and associate workforce will benefit from Engineers Australia as they will be supported by a Chartered pathway that assesses their competence, attitude and qualities against internationally aligned standards. This provides our customers with the highest quality individuals and world-leading technical solutions.

'Chartered engineers are recognised throughout the world for their skills and professionalism,' said Engineers Australia CEO, Dr. Bronwyn Evans AM. 'I applaud Northrop Grumman Australia's vision in building a Chartered workforce, benchmarking their engineers against globally recognised engineering standards.'

Northrop Grumman solves the toughest problems in space, aeronautics, defence and cyberspace to meet the ever evolving needs of our customers worldwide. Our 90,000 employees define possible every day using science, technology and engineering to create and deliver advanced systems, products and services.

Disclaimer

Northrop Grumman Corporation published this content on 14 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2021 21:11:08 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2021 36 254 M - -
Net income 2021 5 123 M - -
Net Debt 2021 7 982 M - -
P/E ratio 2021 12,5x
Yield 2021 1,55%
Capitalization 63 301 M 63 301 M -
EV / Sales 2021 1,97x
EV / Sales 2022 1,87x
Nbr of Employees 97 000
Free-Float 99,3%
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Kathy J. Warden Chairman, President & Chief Executive Officer
David F. Keffer Chief Financial Officer & Vice President
Richard Scott Stapp Chief Technology Officer
Carl Hahn Chief Compliance Officer & Vice President
Donald E. Felsinger Lead Independent Director
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