LOS ANGELES, Oct. 8, 2007 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has received the 2007 First American Enterprise award from the National Center for American Indian Enterprise Development for the company's exemplary support to the economic progress of American Indian businesses.
Susan Cote, vice president of Corporate Contracts, Pricing and Supply Chain for Northrop Grumman, accepted the award on behalf of the company during INPRO 2007, the center's 32nd annual Indian Progress in Business Awards banquet in Los Angeles.
"The National Center works with the American Indian business community to develop companies that can successfully compete in the Northrop Grumman procurement process," said Cote. "We are pleased to be in partnership with the National Center and proud of its work promoting business development opportunities to its members."
The National Center for American Indian Enterprise Development is the first and longest running national organization dedicated to developing American Indian economic self-sufficiency through business ownership. The First American Enterprise Award was established in 1989 to recognize corporations that demonstrate commitment to the economic health of American Indian businesses.
Northrop Grumman has partnered with the National Center for 23 years and is an active member of the Center's Resource Council. The company supports the National Center by sponsoring office space, providing in-kind support and providing scholarships for American Indian students attending tribal colleges and universities. Since 2003, Northrop Grumman has awarded more than $85,000 in scholarships.
The Center assisted Northrop Grumman in establishing its first mentor-protege agreement in 1992 with Mandaree Enterprise Corporation, Mandaree, N.D. The mentor-protege program enables prime contractors to provide technical, management and financial assistance to eligible small businesses, which will enable the small business to better compete for federal government contracts. Today, Northrop Grumman has 25 mentor-protege agreements with a wide variety of small businesses.
Northrop Grumman Corporation is a $30 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: Gus Gulmert Northrop Grumman Corporation (703) 875-8450 firstname.lastname@example.org