BALTIMORE, Nov. 13, 2001 (PRIMEZONE) -- Northrop Grumman Corporation's (NYSE:NOC) Electronic Systems sector has named Carl B. Fischer vice president and general manager of its newly created Space Systems Division.

Space Systems, which will be based in Baltimore, Md., was created following the recent acquisition of the Electronics and Information Systems Group of Aerojet-General Corporation. The new division combines the former Aerojet businesses in Azusa, Calif., and Boulder and Colorado Springs, Colo., with the sector's military, commercial and civil space businesses in Baltimore and Bethpage, N.Y. Mr. Fischer began his business career in 1964 with North American Aviation's Rocketdyne Division as an associate engineer working on liquid rocket engines for the U.S. space program. He joined Aerojet in 1966 and has held a number of senior management and leadership positions with the company.

In 1993, Mr. Fischer was named president of the Aerojet Electronic Systems Division, and in 1996, he was appointed senior vice president, Electronic and Weapon Systems, with responsibility for space surveillance, ground systems, Earth sensing, environmental and meteorological sensing, special programs, smart munitions, smart propulsion, and tactical missile subsystem development and production. Since 1999, Mr. Fischer has served as president of Aerojet. Mr. Fischer holds a bachelor's degree in mechanical engineering and master's degrees in business administration and management science. In 1975, he was selected by the Financial Executive Institute as the University of Southern California's top finance graduate.

Also, he is a member of Beta Gamma Sigma, the national business honor society and Omega Rho, the national operations research honor society. Mr. Fischer is a member of the Army Science Board and the National Defense Industrial Association board of directors.

Headquartered in Baltimore, Northrop Grumman's Electronic Systems sector is a world leader in the design, development and manufacture of defense electronics and systems including space systems, airborne radar systems, navigation systems, electronic warfare systems, precision weapons, air traffic control systems, air defense systems, communications systems, marine systems, oceanic and naval systems, logistics systems, and automation and information systems.

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