Northrop Grumman, NNS To Talk

October 8, 2001

Northrop Grumman Corporation said on Friday that it was pleased with the decision by Newport News Shipbuilding's Board of Directors to pursue discussions with Northrop Grumman regarding the company's previously announced proposed acquisition of Newport News. Northrop Grumman Corporation is a $15 billion global aerospace and defense company with its worldwide headquarters in Los Angeles. Northrop Grumman provides technologically advanced, innovative products, services and solutions in defense and commercial electronics, systems integration, information technology and non-nuclear shipbuilding and systems. With 80,000 employees and operations in 44 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial users.

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