Northrop Grumman Awarded $42 Million for Fleet Support Work

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NEWPORT NEWS, Va., Aug. 19, 2010 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has been awarded a $42.4 million cost plus fixed fee contract from the U.S. Navy for support services on new and commissioned submarines and surface ships of the U.S. Navy and other foreign navies. The company's Shipbuilding sector is the prime contractor.

The company will provide engineering; technical analyses; mechanical and electrical design; manufacturing; installation; test and evaluation; and emergent field repair services at naval shipyards, fleet homeports and around the world, as required.

"We maintain and overhaul a wide range of U.S. Navy nuclear and conventionally-powered ships," said Becky Stewart, vice president, submarine programs and fleet support for Northrop Grumman Shipbuilding.  "Northrop Grumman is committed to providing these products and services to the U.S. Navy with the highest quality, on budget and on schedule."

Northrop Grumman's Newport News facility is one of only two U.S. shipyards capable of building nuclear-powered submarines and since the early 1990s, has completed over 200 ship repair projects for the U.S. government, U.S.-flag commercial and foreign-flag commercial ships, ranging from paint repair to complete hull and machinery renovation.

Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.

CONTACT:  Lauren Green
          Northrop Grumman Shipbuilding
          (757) 380-3581
          Lauren.Green@ngc.com

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