This Day On The Street
Continue to site
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

Northrop Grumman's F-35 Assembly Line Honored With 'Assembly Plant Of The Year' Award

PALMDALE, Calif., Oct. 22, 2013 /PRNewswire/ -- Northrop Grumman Corporation's (NYSE: NOC) F-35 Integrated Assembly Line (IAL) was named "Assembly Plant of the Year" by Assembly Magazine in recognition for the facility's world-class processes to reduce costs, increase productivity and improve quality. Northrop Grumman is the first aerospace company to receive this award.

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

Photos accompanying this release are available at: http://media.globenewswire.com/noc/mediagallery.html?pkgid=21721

Inspired by automation systems used by automakers, the IAL was designed and developed by Northrop Grumman, working with Detroit-based KUKA Systems Corporation's Aerospace Division, a commercial automation integrator. The IAL is central to producing the F-35's center fuselage as well as driving new levels of efficiency into the manufacturing process, reducing process times, increasing precision and quality, and reducing production costs.

"Northrop Grumman has been a leader in designing, developing, and applying automated systems to the complex task of assembling modern fighter aircraft," said Brian Chappel, vice president of the F-35 program for Northrop Grumman Aerospace Systems. "The IAL is one example, where Northrop Grumman maximizes robotics and automation, providing additional capacity and assembly capability while meeting engineering tolerances that are not easily achieved using manual methods."

The F-35 Lightning II is a 5th Generation fighter aircraft, combining advanced stealth with fighter speed and agility, fully fused sensor information, network-enabled operations and advanced sustainment. Three distinct variants of the F-35 will replace the A-10 and F-16 for the U.S. Air Force, the F/A-18 for the U.S. Navy, the F/A-18 and AV-8B Harrier for the U.S. Marine Corps, and a variety of fighters for at least 10 other countries.

As a principal member of the Lockheed Martin-led F-35 industry team, Northrop Grumman performs a significant share of the work required to develop and produce the aircraft. In addition to manufacturing the F-35 center fuselage, Northrop Grumman designed and produces the aircraft's radar and other key avionics including electro-optical, communications, navigation and identification subsystems. Northrop Grumman also develops mission systems and mission planning software, leads the team's development of pilot and maintenance training system courseware and manages the team's use, support and maintenance of low-observable technologies. In 2012, the company delivered 32 center fuselages and is on track to exceed delivery quantities in 2013.

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
Only $9.95
14-Days Free
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
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs