LOS ANGELES, May 10, 2004 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE: NOC) will hold its annual Institutional Investor Conference in New York City on Wednesday, May 12. Company senior management will discuss current performance and the outlook for 2004 and 2005. The conference will begin at 8 a.m. EDT and will be webcast live on the company's Web site at www.northropgrumman.com .

Northrop Grumman Corporation is a global defense company headquartered in Los Angeles, Calif. Northrop Grumman provides technologically advanced, innovative products, services and solutions in systems integration, defense electronics, information technology, advanced aircraft, shipbuilding and space technology. With approximately 123,000 employees, and operations in all 50 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers.

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