EL SEGUNDO, Calif., April 21, 2008 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has appointed Martin Cawley vice president of finance and controller for its Integrated Systems sector. The appointment reflects the company's continued focus on delivering innovative, high value systems to its U.S. government customers while reducing costs and achieving top line sales growth for its shareholders.
In this new assignment, Cawley will be responsible for the sector's accounting practices; compliance with generally accepted accounting principles and Sarbanes-Oxley guidelines; audit support; business resumption; and shared information systems and processes. He will also help develop and improve Integrated Systems' business practices to support growth opportunities in international markets.
Since joining Northrop Grumman in 2003, Cawley has served as a corporate director and assistant controller. Prior to joining Northrop Grumman, he was a partner with the accounting and professional services corporation Deloitte, serving in its Los Angeles office since 1987. Cawley earned his bachelor's degree in accounting from Brigham Young University.
The Integrated Systems sector designs, develops, produces and supports network-enabled airborne systems that support military and homeland defense missions in the areas of intelligence, surveillance and reconnaissance; battle management command and control; and integrated strike warfare. Its major products include the B-2 stealth bomber, the RQ-4 Global Hawk unmanned aerial reconnaissance system, the E-2 airborne early warning/command and control aircraft, and the E-8C Joint Surveillance Target Attack Radar System.
Northrop Grumman Corporation is a $32 billion global defense and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.
CONTACT: Brooks McKinney, APR Northrop Grumman Integrated Systems (310) 331-6610 office (310) 864-3785 mobile email@example.com