Photo Release -- Alexis Livanos to Lead Northrop Grumman's Space Technology Sector
LOS ANGELES, Feb. 4, 2005 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) announced today that its board of directors has elected Alexis C. Livanos corporate vice president and president of the company's Space Technology sector. He succeeds Wesley G. Bush, who was recently elected Northrop Grumman's chief financial officer.
A photo accompanying this release is available at: http://media.primezone.com/noc/
Livanos, 56, a veteran defense and space industry executive, assumes his new position effective Feb. 7, 2005. He will report to Ronald D. Sugar, Northrop Grumman's chairman, chief executive officer and president.
"Alexis is a seasoned space and electronics executive with proven strategic leadership and business management skills," Sugar said. "He is an ideal choice to lead the Space Technology sector, and will be an excellent addition to the Northrop Grumman senior leadership team."
Livanos most recently served as vice president and general manager of the Navigation and Space Sensors Division, which is part of the company's Electronic Systems sector. In this position, he led the division's financial turn-around and established growth strategies in areas such as avionic systems and space sensors for use in the global war on terrorism.
Prior to joining Northrop Grumman in February 2003, Livanos served as executive vice president of Boeing Satellite Systems where he was responsible for technology, engineering, manufacturing, supply-chain management, and strategic relationships and ventures. Livanos previously served as deputy general manager for the former TRW Space and Electronics Group and later as executive vice president of operations for Space Systems/Loral. While at Loral, he drove the development of the next generation of high-performance, high-power satellites.
Livanos has more than 28 years of experience in the fields of advanced communications systems, technology and technology insertions, hardware design, and satellite manufacturing and production, and has participated in the successful launch of 41 satellites.
Livanos earned a bachelor's degree in mechanical engineering, a master's degree in engineering science, and a Ph.D. in engineering science and physics from the California Institute of Technology, where he subsequently taught applied physics for two years as a post-doctorate fellow.
Northrop Grumman Corporation is a global defense company headquartered in Los Angeles, Calif. Northrop Grumman provides technologically advanced, innovative products, services and solutions in systems integration, defense electronics, information technology, advanced aircraft, shipbuilding and space technology. With more than 125,000 employees, and operations in all 50 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers.
CONTACT: Frank Moore (Media) Northrop Grumman Corporation (310) 201-3335 Gaston Kent (Investors) Northrop Grumman Corporation (310) 201-3423