LOS ANGELES, Aug. 13 /PRNewswire-FirstCall/ -- Northrop Grumman Corporation (NYSE:NOC) today announced that it has extended the maturity of its $2 billion senior unsecured revolving credit facility from August 5, 2010 to August 10, 2012. In addition, the credit facility has been amended to improve pricing terms and reduce facility fees in recognition of favorable market conditions and the company's improved credit rating. Borrowings under the credit facility bear interest at various rates, including the London Interbank Offered Rate, plus an incremental margin. Northrop Grumman Corporation is a $30 billion global defense and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide. Contact: Dan McClain (Media) (310)201-3335 Gaston Kent (Investors) (310)201-3423 DATASOURCE: Northrop Grumman Corporation CONTACT: Media, Dan McClain, +1-310-201-3335, or Investors, Gaston Kent, +1-310-201-3423, both of Northrop Grumman Corporation Web site: http://www.northropgrumman.com/

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