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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Northrop Grumman's Engineering And Systems Integration Appraised At CMMIA® Maturity Level 5 For Acquisition

HERNDON, Va., Feb. 3, 2014 /PRNewswire/ -- Northrop Grumman Corporation's (NYSE: NOC) Engineering and Systems Integration (ESI) organization has received a Level 5 rating, the highest possible rating, for acquisition from the Capability Maturity Model Integrated (CMMI®) Institute. This is the second time the organization has been appraised at this level, and, according to the CMMI Institute, ESI was the first to receive a Level 5 rating for acquisition.

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

"Receiving this successful Level 5 appraisal demonstrates ESI's ongoing commitment to achieve consistent, repeatable results on our programs and deliver lower risk and high performance to our customers," said John Parker, director, weapons system sustainment and modernization, Northrop Grumman Technical Services. "Our ability to apply our engineering and business process maturity and discipline in conjunction with proven sustainment, development, test and production capabilities allows Northrop Grumman ESI to deliver innovative and affordable solutions."

CMMI® for Acquisition is a best practices model for successful procurement of products and services to meet organizational and customer objectives. Key aspects of the acquisition model include project management, process management, conducting and managing acquisition, and supporting functions. 

The audit included the Intercontinental Ballistic Missile (ICBM) prime integration contract and was expanded to include systems engineering activities, software and business management elements.

"Conducting external appraisals on a regular basis reaffirms our commitment to process improvement and the integration of best practices throughout each project," said Lori Belnap, ESI Director. "This recognition provides the foundation for our customers to have continued confidence that the requisite rigor and discipline are applied throughout the acquisition supply chain."

CMMI® is a process improvement framework that guides organizations in software and systems development, acquisition and service delivery to create high-performance, high-maturity cultures. CMMI® is built upon best practices originally developed by a coalition of industry, government and the Systems Engineering Institute to objectively assess the full range of an organization's software and systems engineering, program management and organizational management capabilities. There are five levels of CMMI® maturity, each a layer in the foundation for ongoing process improvement, designated by the numbers one through five. High maturity levels signify lower risks to successful program execution.   

Stock quotes in this article: NOC 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

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