OREANDA-NEWS. June 05, 2017. Northrop Grumman Australia, a wholly owned subsidiary of Northrop Grumman Corporation (NYSE: NOC), has renewed its Global Supply Chain (GSC) agreement with the Commonwealth of Australia for an additional three years.

The renewal of the GSC agreement enables Northrop Grumman to continue working with the Commonwealth to facilitate military and commercial opportunities for Australian companies within Northrop Grumman’s global supply chain.

“We are excited that the Commonwealth has renewed the GSC agreement with Northrop Grumman Australia,” said Ian Irving, chief executive, Northrop Grumman Australia. “The agreement is of mutual benefit as it advances the government’s objectives outlined in the 2016 Defence White Paper and Defence Industrial Policy Statement, and helps Northrop Grumman to continue efforts to strengthen our supply chain with world-leading Australian suppliers and technology. The GSC agreement gives Australian Small and Medium Enterprises access and opportunities to sell into the global aerospace and defence industry, and to work with Northrop Grumman and other companies to improve capabilities through mentorship, training and experience.”