LOS ANGELES, Jan. 23, 2001 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) will announce its fourth quarter 2000 earnings on Wednesday, Jan. 24, at approximately 9 a.m. E.S.T. The company will webcast its security analyst conference call, which will be held at 2 p.m. E.S.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) 224-6997.

For those who cannot participate in this call in real time, it will be available through Jan. 26 on the company's web site or by calling (303) 804-1855.

Northrop Grumman Corporation, headquartered in Los Angeles, is a world-class, high technology company providing innovative solutions in systems integration, defense electronics and information technology for its U.S. and international military, government and commercial customers, as a prime contractor, principal subcontractor, team member or preferred supplier. The company had revenues of $7.6 billion in 1999 (restated) and has a workforce of approximately 39,000 employees.

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  CONTACT: Northrop Grumman Corporation
         Bob Bishop, Media
         (310) 201-3458
    
         Gaston Kent, Investors
         (310) 201-3423