Northrop Grumman Corporation amended its offer for all outstanding shares of common stock, including associated rights, of Newport News Shipbuilding
Inc. pursuant to an amended Registration Statement
on Form S-4 filed
with the Securities and Exchange Commission.
Northrop Grumman also announced that it had extended the expiration date of its offer from Nov. 19, 2001, to Nov. 29, 2001, at midnight E.S.T.
Although the prior expiration date would not have occurred until Nov. 19, 2001, approximately 3,210,997 shares of Newport News Shipbuilding
common stock had been tendered to Northrop Grumman as of 5:00 p.m. E.S.T. on
Nov. 12, 2001.