PASCAGOULA, Miss., Feb. 16, 2006 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) has named Mark Carroll vice president and business manager of U.S. Navy programs for the Ship Systems sector.
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In this role, Carroll will be responsible for the management and oversight of all financial and contractual requirements for current and future Navy programs. This includes financial strategy, forecasting and reporting and program estimating, pricing, and earned value management, and managing all contractual relationships.
"Mark's appointment will allow us to better serve the U.S. Navy," said Philip A. Teel, president of Northrop Grumman Ship Systems. "His quarter century of broad-based business management experience makes him the perfect focal point for all Navy business activities."
Carroll previously served as vice president of contracts and business management for expeditionary warfare programs where he was responsible for proposal development, negotiations and administration for prime contracts and major subcontracts, as well as all business management functions. Previously, he served as director of programs business management for all Northrop Grumman Ship Systems programs.
He began his career in 1980 and has held increasingly responsible positions in business management. Roles included estimating and pricing manager, contracts manager, program control, financial planning and site business manager.
Carroll earned his bachelor's degree in business administration with a concentration in accounting from the University of Baltimore.
Northrop Grumman Ship Systems includes primary operations in Pascagoula and Gulfport, Miss.; and in New Orleans and Tallulah, La., as well as in a network of fleet support offices in the U.S. and Japan. Ship Systems is one of the nation's leading full-service systems companies for the design, engineering, construction and life-cycle support of major surface ships for the U.S. Navy, U.S. Coast Guard and international navies.
CONTACT: Bill Glenn Northrop Grumman Ship Systems (228) 327-1671 firstname.lastname@example.org