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The realignment and transition process for the new Shipbuilding
sector is expected to continue throughout 2008. C. Michael Petters,
currently corporate vice president and president of Newport
News, has been elected corporate vice president and president
of the new division. Petters will assume day-to-day responsibility
for the Gulf Coast operations of Shipbuilding and will operate
from Pascagoula, Miss., during this transition phase. The new
operation will manage about 40,000 employees in four principal
shipbuilding operations located in Virginia, Mississippi, Louisiana
and California. The company does not anticipate any facility
closures or significant reductions in yard employment levels
as a result of this realignment.
In addition, Missiles business will now report to the Space
Technology sector, effective July 1, 2008. This change will
enable Mission Systems, currently responsible for the missiles
business, to focus on the rapidly growing C4ISR business, while
enabling the missiles business will be an integrated element
of the company's Aerospace business growth strategy. The $900
million missiles business employs approximately 750 people and
has operations in Utah, Alabama., Virginia and California. Northrop
Grumman's missiles business includes the ICBM Prime Integration
program, the Kinetic Energy Interceptor program and the Missile
Engineering Center, will be led by John Clay, vice president
and general manager, reporting to Alexis Livanos, corporate
vice president and president of Space Technology.
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