NOC Northrop Grumman Corp Holding Co

LOS ANGELES, Jan. 5 /PRNewswire-FirstCall/ -- Northrop Grumman Corporation (NYSE:NOC) today announced that, effective Jan. 1, 2006, it has established a new sector, Northrop Grumman Technical Services, to leverage existing business strengths and synergies in the rapidly expanding logistics support, sustainment and technical services markets. (Photo: http://www.newscom.com/cgi-bin/prnh/20060105/LATH110) A photo accompanying this news release is available at: http://media.primezone.com/noc/ The company also announced that its board of directors has elected James L. Cameron corporate vice president and president of the Technical Services sector. Headquartered in the Washington, D.C. area, Northrop Grumman Technical Services consolidates multiple programs and approximately 10,000 employees in logistics operations from within the company's other business sectors. "Northrop Grumman's establishment of the Technical Services sector enables us to grow our business in an area where we have proven expertise across the breadth of the corporation," said Ronald D. Sugar, Northrop Grumman's chairman, CEO and president. "With the continued expansion of this important market, it is the right time for Northrop Grumman to capitalize on our embedded capabilities. Capturing a greater share of a growing market will further enhance shareholder value." "James Cameron is an outstanding choice to lead this exciting new area of growth for Northrop Grumman," Sugar added. "His strong leadership skills, experience and customer insight will enable him to successfully guide the consolidation of our technical services businesses." In his new role, Cameron reports directly to Sugar. He has held leadership positions within Northrop Grumman, most recently as vice president and general manager of the defensive and navigation systems divisions of Northrop Grumman's Electronic Systems sector. These divisions produced combined revenues of more than $2 billion in 2004. He joined Northrop Grumman in 2003 and previously held leadership positions at ITT Industries, Lockheed Martin, Litton Industries and the Office of the U.S. Secretary of Defense. Cameron earned bachelor's and master's degrees in national security administration from the University of Southern California School of Policy, Planning and Development. He is also an industry graduate of the School of Program Managers at the Defense Systems Management College. "Northrop Grumman's realignment and intensified focus on this critical part of our customers' business will strengthen our ability to meet their needs," Cameron said. "The formation of the Technical Services sector enables Northrop Grumman to deliver more integrated product and life-cycle solutions as well as expanded capabilities to our customers, both existing and new. Northrop Grumman Technical Services has assembled a team of world-class professionals and I look forward to leading this dynamic new organization as we grow this business for the company." Businesses initially assigned to the new sector are drawn from four existing Northrop Grumman sectors: Electronic Systems, Integrated Systems, Mission Systems and Information Technology. Northrop Grumman Corporation is a global defense company headquartered in Los Angeles, Calif. Northrop Grumman provides a broad array of technologically advanced, innovative products, services and solutions in systems integration, defense electronics, information technology, advanced aircraft, shipbuilding, and space technology. The company has more than 125,000 employees and operates in all 50 states and 25 countries and serves U.S. and international military, government and commercial customers. http://www.newscom.com/cgi-bin/prnh/20060105/LATH110 DATASOURCE: Northrop Grumman Corporation CONTACT: Dan McClain of Northrop Grumman Corporation, +1-310-201-3335,

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