The U.S. Air Force has selected Northrop Grumman Corporation (NYSE:NOC) to deliver the nation's new Long-Range Strike Bomber (LRS-B). This selection continues the company's 35-year partnership with the Air Force in providing the world's most advanced long-range strike systems.

"The Air Force has made the right decision for our nation's security," said Wes Bush, chairman, chief executive officer and president, Northrop Grumman. "As the company that developed and delivered the B-2 Spirit stealth bomber, we look forward to providing the Air Force with a highly-capable and affordable next-generation Long-Range Strike Bomber.

"Our team has the resources in place to execute this important program, and we're ready to get to work," Bush added.

Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cyber, C4ISR, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.

CONTACT: Randy Belote (Media)
         703-280-3500
         randy.belote@ngc.com
         
         Steve Movius (Investors)
         703-280-4575
         steve.movius@ngc.com
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