VIRGINIA BEACH, Va., Sept. 15, 2008 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has named Billy Jahn business manager and chief financial officer for AMSEC LLC., a subsidiary of Northrop Grumman within its Shipbuilding sector and a full-service provider of engineering, logistics and technical support services.
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Jahn is responsible for directing the company's financial strategy and processes in support of business growth and profitability goals. He also has responsibility for AMSEC's business management functions, such as contracts, estimating and pricing, accounting, financial reporting, planning and analysis, purchasing, rates and budgets, and program cost control.
Jahn joined AMSEC in 2002. He served as controller and has worked in positions of increasing responsibility in financial planning, capital budgeting, management of financial and accounting, and governmental accounting functions.
Jahn has more than 23 years of experience in finance, accounting, contracts, human resources and information technology. Before joining AMSEC, he served as vice president for finance and accounting for the communications engineering group at Titan Systems, and vice president for finance and administration for Advanced Communication Systems.
Jahn earned both a bachelor's degree in marketing and a master's of business administration from Old Dominion University. He resides in Virginia Beach, Va.
"Billy Jahn brings strong leadership skills, enthusiasm and expertise to his new role," said Harris Leonard, vice president of Northrop Grumman Shipbuilding's AMSEC Operations. "He is a key player in AMSEC's future."
Northrop Grumman Corporation is a global defense and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.
CONTACT: Bill Glenn Northrop Grumman Shipbuilding (228) 935-3972 email@example.com