Northrop Grumman signs supply chain deal with Australia

By Freddie Pierce
Australias emergence as a major player in the global market doesnt look like it will be going away anytime soon. Fortune 500 company Northrop Grumman...

Australia’s emergence as a major player in the global market doesn’t look like it will be going away anytime soon.

Fortune 500 company Northrop Grumman, a worldwide leader in aerospace and defense technology, has signed a deal with Australia to identify opportunities for Australian business to compete within the company’s global supply chain, according to a report on UPI.com.

 As part of the GSC program to help Australian defense companies reach global supply chains, the signing adds prestige and capability for Australia’s smaller companies.

"Northrop Grumman recognizes that small and medium enterprises, or SMEs, face challenges in gaining access to the global supply chains of multinational corporations," Wes Bush, president and CEO of Northrop Grumman, said. "The Australian government's innovative approach ensures opportunities for SMEs to compete globally while giving prime manufacturers greater visibility into the talents and capabilities of innovative Australian companies."

SEE OTHER TOP STORIES IN THE SUPPLY CHAIN DIGITAL CONTENT NETWORK

Goldman Sachs outsourcing 1,000 U.S. jobs to Singapore

Apple iPhone 5 expected to be released in September

Details emerge from Nevada Amtrak crash

Check out June’s issue of Supply Chain Digital!

Australia as a whole is trying to add visibility and capability to its growing defense sector. The signing of a supply chain deal with Northrop Grumman is very much in line with that initiative.

"International collaboration is very important and we are looking forward to assisting with this important initiative," Bush said. "We plan to work closely with the Australian Department of Defense to identify opportunities for Australian companies."

Northrop Grumman employs more than 75,000 people worldwide, and reported revenue of close to $35 billion in 2010.

Share

Featured Articles

Timeline: how ESG became a supply chain strategic priority

A timeline of how Environmental, Social & Governance went from being 'nice to have' to mission critical, with ESG now a strategic priority for many

Supply chains 'playing catch up on visibility technology'

A Deloitte report shows there's a long way to go on supply chain visibility, but digital transformation is crucial if firms are to thrive, says FourKites

Reshoring on rise as supply chain pressures ramp up

Disruption, uncertainty and inflation are driving businesses to reshore and nearshore manufacturing and retail operations, but at what cost?

Climate change an ill wind for supply chain risk management

Sustainability

Supply chain, procurement logistics & tech news roundup

Digital Supply Chain

Disruptive supply chain tech for 2023 - FourKites

Digital Supply Chain