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Northrop Grumman Awarded $248M Contract for Submarine Work

Maritime Activity Reports, Inc.

March 20, 2006

Northrop Grumman Corporation was awarded a contract from the U.S. Navy for work to support the Los Angeles, Ohio, Seawolf, and Virginia-class submarines. The total estimated value of the contract is approximately $248 million for work performed through 2008. Approximately $59 million is designated for work to be performed in 2006. Northrop Grumman's Newport News sector is the prime contractor for the work, which will include planning, engineering and logistics support for new, operational, conversion and decommissioning submarines. Examples of work include maintaining and altering ship class drawings, maintenance analysis and modernization and repair services.

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