LOS ANGELES, March 19, 2010 -- Northrop Grumman Corporation (NYSE:NOC) chairman emeritus Ronald D. Sugar has received the prestigious Laureate Award from Aviation Week and Space Technology magazine, the aerospace industry's premier news publication.
The award was bestowed at a black-tie event March 17, 2010 at the Andrew Mellon Auditorium in Washington, D.C. Laureate awards recognize individuals and teams for their extraordinary accomplishments that embody the spirit of exploration, innovation and vision. Sugar was named the first Workforce Laureate, a newly created category.
He was honored for his actions in support of attracting young people to aerospace careers, developing young professionals, and retaining the talent needed for a healthy, vibrant aerospace industry. Aviation Week and Space Technology cited his work addressing critical workforce issues in four fundamental ways: creation of cooperative work spaces and incorporation of new technologies and tools enhancing communication and teaming to align with changing workforce demographics; capture and retention of company knowledge and expertise; preservation of professional development and learning in one of the most difficult business climates; and employee transitions.
During Sugar's tenure as Northrop Grumman chairman and chief executive officer the company kept its retention levels among the industry's highest. Northrop Grumman also launched Operation IMPACT, an on-going program of hiring, training and supporting wounded veterans.
Under his leadership, the company initiated several programs for developing leaders; established a company women's conference and other diversity initiatives and created a corporate office of social responsibility that reports on ethics, equal employment practices, diversity and environmental stewardship. Northrop Grumman also launched several initiatives to attract students to careers in science, technology and mathematics, including the Weightless Flights of Discovery and numerous college scholarship programs.
Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.
CONTACT: Dan McClain Northrop Grumman Corporation (310) 201-3335 email@example.com