Northrop Grumman has recognized 32 of its U.S.-based partners for supporting a company program designed to expand subcontracting opportunities for a variety of small businesses.
The suppliers received “World Class Team” awards for their work under the company’s Socio-Economic Business Program, Northrop announced Friday.
Small disadvantaged, veteran-owned, service-disabled and historically underutilized businesses are the intended beneficiaries of the program as well as LGBT and minority organizations.
“We recognize the critical role our small business suppliers play in helping us meet our aggressive SEBP goals, and in applying innovation, affordability and top performance to meet the increasingly more challenging global security needs of our customers,” said Harry Lee, Northrop vice president of corporate contracts, pricing and supply chain.
Northrop awarded $6.9 billion in contracts to 9,500 suppliers this year and has either met or exceeded a statutory goal of awarding 23 percent of contracts to small businesses over the past decade.