LOS ANGELES, June 5, 2008 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has announced it plans to donate a total of $400,000 to disaster relief efforts for those affected by recent U.S. tornadoes, the 7.9-magnitude earthquake that devastated Sichuan Province in China and the Myanmar cyclone.
Of the $400,000, $125,000 will provide assistance to Northrop Grumman employees who have lost their homes to tornadoes in Virginia and Colorado. The company also will contribute $25,000 to the United Way of Brevard County, Florida, to assist fire victims in that area.
The remaining $250,000 will go toward international disaster relief. Of this, $150,000 will be shared by the American Red Cross and AmeriCares. Northrop Grumman has committed the remaining $100,000 to an employee matching gift program for disaster relief.
Separately, the Northrop Grumman Employees Charity Organization is contributing $10,000 for disaster relief in Myanmar and China.
"Northrop Grumman and its employees are saddened by the impact of the storms on our employees here at home, and we are deeply concerned about the devastation suffered by so many people abroad," said Ronald D. Sugar, Northrop Grumman chairman and chief executive officer. "As a company, and as individuals, we hope our contributions will provide a measure of support to those who need it now and in the future."
Northrop Grumman Corporation is a 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: Tom Henson
Northrop Grumman Corporation
(310) 201-3458
thomas.henson@ngc.com