SUGAR NAMED NORTHROP COO HE'S IN LINE FOR NO. 1 POST.CENTURY CITY - Ronald D. Sugar, the former head of Litton Industries Named after inventor Charles Litton Sr., Litton Industries was a large defense contractor in the United States, bought by the Northrop Grumman Corporation in 2001. Inc., on Thursday was elected president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. Corp. That promotion puts the 53-year-old Westlake Village resident and former presidential adviser in line to succeed Kent Kresa as chairman and chief executive officer of a $15 billion defense contractor Noun 1. defense contractor - a contractor concerned with the development and manufacture of systems of defense armed forces, armed services, military, military machine, war machine - the military forces of a nation; "their military is the largest in the region"; that builds warships and a variety of weapons systems for America's military. Sugar, formerly a corporate vice president and president and chief executive officer of Northrop's Litton sector, will also be part of the newly created Office of the Chairman, which will be responsible for running the Century City-based company. ``I believe in the strategic vision Kent Kresa has set for our company and it's really paying off big time. That was transitioning from being primarily an air frame maker into a company that provided electronic information warfare Also called "cyberterrorism," it refers to creating havoc by disrupting the computers that manage stock exchanges, power grids, air traffic control and telecommunications. While the term often deals with attacks against a nation, it may also refer to attacks on organizations and the systems and long-range precision strike (products),'' Sugar said. ``We are sitting here with a company with products and technologies that will be very important to whatever kind of conflict we find ourselves in,'' he said. His promotion to the No. 2 management slot is not a surprise. Earlier this year, he played a key role when Northrop Grumman bought Litton for $5.1 billion, a strategic acquisition that created a global powerhouse A fourth-generation language from Cognos that was introduced in the late 1970s for midrange computers. It supports both character-oriented, terminal-based applications as well as Windows clients. Applications developed under PowerHouse can be imported into Cognos' Axiant client/server environment. that is one of the government's largest information technology suppliers. It also made Northrop Grumman the largest builder of non-nuclear ships for the United State's Navy. The company will be a major player in the war effort. ``They are in the catbird seat catbird seat n. A position of power or prominence. when it comes to the potential for increased defense spending. They got the products and all sorts of things that the administration is going to be wanting,'' said Paul Nisbet, an aerospace industry analyst at JSA JSA - Japanese Standards Association. Research Inc. in Newport, R.I. He also notes that Sugar is a highly respected defense company executive and the natural choice to take over for Kresa when he retires. ``He's been a rising star for years and is very definitely the potential successor,'' he said. Kresa said Sugar played a key role integrating Woodland Hills-based Litton into Northrop Grumman and has demonstrated excellent leadership and management capabilities throughout his career. ``Ron's knowledge and understanding of the operations of both Litton and Northrop Grumman will serve him well in his new position,'' Kresa said in a statement. CAPTION(S): photo Photo: (color) Ronald D. Sugar Gets promotion |
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