• First Quarter 2016 financial results, webcast and conference call scheduled for Wednesday, April 27, 2016

FALLS CHURCH, Va., April 7, 2016 -- Northrop Grumman Corporation (NYSE:NOC) announced today that its first quarter 2016 financial results will be posted on its investor relations website April 27, 2016. Prior to the market opening, and after the filing of the earnings release on Form 8-K with the Securities and Exchange Commission, the company will issue an advisory release notifying the public of the availability of the complete and full text earnings release on the company's website at http://investor.northropgrumman.com . The company also plans to file on the same day, immediately after filing its first quarter 2016 Form 10-Q, a Form 8-K to recast the presentation of the consolidated financial statements in its Annual Report on Form 10-K for the year ended Dec. 31, 2015 (the "2015 Form 10-K") to reflect the previously announced changes in its organizational structure and reporting segments. The Form 8-K recasts the disclosures in certain portions of the 2015 Form 10-K to reflect these changes in each of the periods presented. Â

The company's first quarter 2016 conference call will be held at noon Eastern time, Wednesday, April 27, 2016. Wes Bush, chairman, chief executive officer and president, and Ken Bedingfield, chief financial officer, will review first quarter 2016 results. The conference call will be webcast live on Northrop Grumman's website at http://investor.northropgrumman.com . Replays of the call will be available on the Northrop Grumman website for a limited time. Presentations may be supplemented by a series of slides appearing on the company's investor relations home page.

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

Note: Statements in this press release, other than statements of historical fact, constitute "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "expect," "intend," "plan," "believe," "estimate," "guidance," and similar expressions generally identify these forward-looking statements. These forward-looking statements speak only as of the date when made, and the Company undertakes no obligation to update or revise any forward-looking statements after the date of this press release. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. Actual results may differ materially from those described or implied in these statements based on a number of factors, including global economic conditions, economic conditions in our industry, government fiscal and budget policies, changes in interest rates and other market conditions. A discussion of these risks and uncertainties is contained in the Company's filings with the Securities and Exchange Commission.