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This excerpt taken from the NOC 10-K filed Feb 10, 2009. RAW
MATERIALS
The most significant raw material required by the company is
steel, used primarily for shipbuilding. The company has
mitigated supply risk by negotiating long-term agreements with a
number of steel suppliers. In addition, the company has
mitigated price risk related to its steel purchases through
certain contractual arrangements with the U.S. Government.
While the company has generally been able to obtain key raw
materials required in its production processes in a timely
manner, a significant delay in receipt of these supplies by the
company could have a material adverse effect on the
company’s consolidated financial position, results of
operations, or cash flows. See Risk Factors in Part I,
Item 1A.
This excerpt taken from the NOC 10-K filed Feb 20, 2008. RAW
MATERIALS
The most significant raw material required by the company is
steel, used primarily for shipbuilding. The company has
mitigated supply risk by negotiating long-term agreements with a
number of steel suppliers. In addition, the company has
mitigated price risk related to its steel purchases through
certain contractual arrangements with the U.S. Government.
While the company has generally been able to obtain key raw
materials required in its production processes in a timely
manner, a significant delay in receipt of these supplies by the
company could have a material effect on the company’s
consolidated results of operations. See Risk Factors in
Part I, Item 1A.
This excerpt taken from the NOC 10-K filed Feb 21, 2007. RAW
MATERIALS
The most significant raw material required by the company is
steel, used primarily for ship building. The company has
mitigated supply risk by negotiating long-term agreements with a
number of steel suppliers. In addition, the company has
mitigated price risk related to its steel purchases through
certain contractual arrangements with the U.S. Government.
While the company has generally been able to obtain key raw
materials required in its production processes in a timely
manner, a significant delay in receipt of these supplies by the
company could have a material effect on the company’s
results of operations. See “Risk Factors” in
Part I, Item 1A.
This excerpt taken from the NOC 10-K filed Feb 17, 2006. RAW MATERIALS
The most significant raw material required by the company is steel used primarily for ship building. The company has mitigated supply risk by negotiating long-term agreements with a number of steel suppliers. In addition, the company has mitigated price risk related to its steel purchases through certain contractual arrangements with the U.S. Government. While the company has generally been able to obtain key raw materials required in its production processes in a timely manner, a significant delay in receipt of these supplies by the company could have a material adverse effect on the company’s results of operations.
This excerpt taken from the NOC 10-K filed Mar 4, 2005. Raw Materials The most significant raw material required by the company is steel used primarily for ship building. The company has mitigated supply risk by negotiating long-term agreements with a number of steel suppliers. In addition, the company has mitigated price risk related to its steel purchases through certain contractual arrangements with the U.S. Government. While the company has generally been able to timely obtain key raw materials required in its production processes, a significant delay in receipt of these supplies by the company could have a material adverse effect on the company’s results of operations.
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