This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Northrop Grumman Signs Mentor-Protege Agreement With Davidson Technologies

HUNTSVILLE, Ala., May 23, 2013 /PRNewswire/ -- Northrop Grumman Corporation (NYSE: NOC) has signed a U.S. Department of Defense mentor-protege agreement with Davidson Technologies, a teammate on Northrop Grumman's Joint National Integration Center Research and Development Contract (JRDC). Under the JRDC, Northrop Grumman has led a world-class team to conduct ballistic missile defense system-level modeling and simulation, ground and flight test, wargame, training exercise, mission-critical operation and related analysis for more than 15 years.

(Logo: http://photos.prnewswire.com/prnh/20121024/LA98563LOGO)

A photo accompanying this release is available at http://media.primezone.com/noc/.

The mentor-protege relationship was formalized during a signing ceremony on May 21.

Under the 36-month agreement approved by the U.S. Missile Defense Agency, Northrop Grumman will mentor Davidson Technologies in several areas, including cybersecurity and information assurance, systems engineering, integrated logistics support, ISO 9000 standards, strategic planning, corporate policies, marketing, contracts and subcontracts, and human resources and accounting systems.

"Davidson Technologies has been a strong contributor to the missile defense community and our JRDC team," said Kelley Zelickson, vice president of air and missile defense systems for Northrop Grumman Information Systems. "We're committed to advancing Davidson's viability and competitiveness to become an even more valuable part of our supplier base."

Davidson Technologies, a woman-owned small business, is a technology services company dedicated to providing innovative engineering, technical and management solutions for defense, aerospace and commercial customers.

"We are excited to have been chosen by Northrop Grumman to participate in the mentor-protege program in pursuit of technology development for the Missile Defense Agency," said Dorothy Davidson, chief executive officer of Davidson Technologies. "This represents an important continuation of a long standing professional relationship between our two companies. It has been an honor and privilege to work with Northrop Grumman in the past, and Davidson Technologies looks forward to an even stronger, mutually beneficial partnership in the future."

Northrop Grumman will also work with Alabama Technology Network, a part of the Alabama Community College System and the Manufacturing Extension Partnership, to help Davidson Technologies develop and implement a quality management system certified to ISO 9000 standards.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs