FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

VICE THOMAS E
2. Issuer Name and Ticker or Trading Symbol

NORTHROP GRUMMAN CORP /DE/ [ NOC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Corp VP & Pres Aerospace Sys
(Last)          (First)          (Middle)

2980 FAIRVIEW PARK DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

2/18/2015
(Street)

FALLS CHURCH, VA 22042
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   2/18/2015     M    46146.0000   (1) A $0.0000   81729.5000   D    
Common Stock   2/18/2015     F    24079.0000   (2) D $167.6800   57650.5000   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Performance Stock Rights     (3) 2/18/2015     A      29192.0000   (4)        (3)   (3) Common Stock   29192.0000   $0.0000   125037.0000   (5) D    
Restricted Performance Stock Rights     (3) 2/18/2015     M         46146.0000   (1)     (3)   (3) Common Stock   46146.0000   $0.0000   78891.0000   (6) D    
Restricted Stock Rights     (7) 2/18/2015     A      6512.0000         (7)   (7) Common Stock   6512.0000   $0.0000   38909.0000   (8) D    

Explanation of Responses:
( 1)  Shares issued in settlement of Restricted Performance Stock Rights ("RPSRs") granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/15/12 with a valuation of performance measurement period ("measurement period") ended 12/31/14. The RPSRs were settled at 150% of target.
( 2)  Shares surrendered to issuer in payment of tax liability in connection with settlement of RPSRs in accordance with Rule 16b-3(e).
( 3)  Each RPSR represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the Issuer's election, cash or a combination of cash and Issuer common stock. The RPSRs vest if the applicable performance metric is satisfied for the relevant measurement period. Grants awarded pursuant to Rule 16b-3(d).
( 4)  The RPSRs acquired include (i) 15,382 additional vested RPSRs with respect to the measurement period ended 12/31/14 acquired due to settlement of the 2012 RPSRs held at 150% of the target award and (ii) 13,810 unvested RPSRs granted under the LTISP on 2/18/15 with a measurement period ending on 12/31/17.
( 5)  Total amount includes 46,146 vested RPSRs granted under the LTISP on 2/15/12 with a measurement period ended on 12/31/14; 13,810 RPSRs granted on 2/18/15 with a measurement period ending on 12/31/17; 21,151 unvested RPSRs granted under the LTISP on 2/19/14 with a measurement period ending 12/31/16; and 43,930 unvested RPSRs granted under the LTISP on 2/20/13 with a measurement period ending on 12/31/15.
( 6)  Total amount includes 13,810 RPSRs granted on 2/18/15 with a measurement period ending on 12/31/17; 21,151 unvested RPSRs granted under the LTISP on 2/19/14 with a measurement period ending 12/31/16; and 43,930 unvested RPSRs granted under the LTISP on 2/20/13 with a measurement period ending on 12/31/15.
( 7)  Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock. The RSRs were granted under the LTISP on 2/18/15 and will vest on 2/18/18.
( 8)  Total amount includes 6,512 RSRs granted under the LTISP on 2/18/15 that will vest on 2/18/18; 8,820 RSRs granted under the LTISP on 2/19/14 that will vest on 2/19/17; 15,899 RSRs granted under the LTISP on 2/20/13 that will vest on 2/20/16; and 7,678 RSRs granted under the LTISP on 7/19/12 that will vest on 7/19/15.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
VICE THOMAS E
2980 FAIRVIEW PARK DRIVE
FALLS CHURCH, VA 22042


Corp VP & Pres Aerospace Sys

Signatures
/s/ Jennifer C. McGarey, Attorney-in-Fact 2/20/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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