LOS ANGELES, Jan. 18, 2002 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) will announce its fourth quarter and year-end 2001 earnings on Wednesday, Jan. 30, 2002, at approximately 9 a.m. E.S.T. The company's conference call will be held at 2 p.m. E.S.T. later that day.

The conference call will be webcast live on the Investor Relations page of Northrop Grumman's Website at www.northropgrumman.com . Replays of the call will be available on the Website through Feb. 13, 2002.

Northrop Grumman Corporation is an $18 billion, global 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 nuclear and non-nuclear shipbuilding and systems. With nearly 100,000 employees and operations in 44 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers.

Members of the news media may receive our releases via e-mail by registering at: http://www.northgrum.com/cgi-bin/regist_form.cgi

LEARN MORE ABOUT US: Northrop Grumman news releases, product information, photos and video clips are available on the Internet at: http://www.northropgrumman.com

  CONTACT:  Frank Moore (Media) 
          (310) 201-3335
    
          Gaston Kent (Investors) 
          (310) 201-3423