REDONDO BEACH, Calif., Nov. 7, 2013 /PRNewswire/ -- Northrop Grumman Corporation (NYSE: NOC) today announced it has appointed Cathy Rice vice president of contracts, pricing and program business operations for its Aerospace Systems sector.
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Rice's organization is responsible for contracts, pricing and estimating, cost/schedule management and the International Traffic in Arms Regulations /Export and risk management disciplines. She will also provide support to the sector's chief financial officer, and oversight and guidance to functional personnel in program business operations.Rice has held leadership positions in estimating, contracts, business management and cost/schedule management at Northrop Grumman. Most recently, she was director of contracts for Military Aircraft Systems. In that role, Rice's responsibilities included contracts activities with the U.S. Navy, Army and Air Force customers for products such as the E-2D Hawkeye, E-8C Joint Surveillance Target Attack Radar System, B-2 Spirit and mine warfare technologies. Additionally, Rice worked with industry partners in support of the F/A-18, EA-18G and F-35 programs. In 2011, she led the Contracts organization through the successful negotiation of the $1.7 billion NATO Alliance Ground Surveillance (AGS) contract with the NATO AGS Management Agency. "Cathy brings more than 30 years of invaluable business management experience to this position," said Ken Bedingfield, vice president and chief financial officer, Northrop Grumman Aerospace Systems. "With her extensive industry knowledge and success in negotiating major contracts, Cathy is poised to lead us forward as we compete for business in an increasingly challenging financial environment." Rice earned a bachelor's degree in economics from Cortland State University of New York. She has also completed numerous advanced management programs with Northrop Grumman and graduate accreditations through the Florida Institute of Technology. Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cyber, C4ISR, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information. SOURCE Northrop Grumman Corporation