LOS ANGELES, April 16, 2001 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) will announce its first quarter 2001 earnings on Monday, April 23, at approximately 9 a.m. E.D.T. The company will webcast its security analyst conference call, which will be held at 2 p.m. E.D.T. that day.

A live audio broadcast of the conference call will be available on the Investor Relations page of Northrop Grumman's Web site at http://www.northropgrumman.com . The conference call is also available by calling (303) 267-1021.

For those who cannot participate in this call in real time, it will be available through April 25 on the company's Web site or by calling (303) 804-1855 and using passcode #987270.

Northrop Grumman Corporation is a $15 billion, global aerospace and defense company with its worldwide headquarters in Los Angeles. Northrop Grumman provides technologically advanced, innovative products, services and solutions in defense and commercial electronics, systems integration, information technology and non-nuclear shipbuilding and systems. With 80,000 employees and operations in 44 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers.

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  CONTACT:  Northrop Grumman Corporation
          Bob Bishop (Media) (310) 201-3335
          Gaston Kent (Investors) (310) 201-3423