BETHPAGE, N.Y., Sept 18, 2003 (PRIMEZONE) -- Anthony Piazza, vice president, business management and chief financial officer for Northrop Grumman Corporation's (NYSE:NOC) Airborne Early Warning and Electronic Warfare (AEW&EW) Systems business area, has been elected president of the Long Island chapter of the National Contracts Management Association (NCMA). Piazza, a long-standing member of the NCMA, will serve a one-year term as volunteer-president of this professional society.

"Contract management is a strategic discipline employed by both buyers and sellers to manage customer and supplier expectations and relationships, control risk and cost, and contribute to organizational profitability and success," Piazza said. "NCMA strives to be the preeminent source of professional development for the practice of contract management."

Piazza began his career with Northrop Grumman in 1968. Since then he has held positions of increasing responsibility in contracts management and business operations, including director of business management for Bethpage Operations. As vice president and CFO of AEW&EW Systems, he oversees the financial operations of a worldwide, Bethpage-headquartered organization that expects sales of about $800 million in 2003 and plans to double that in about seven years.

Piazza holds a bachelor's degree in business administration from Long Island University and an MBA in industrial management from the Polytechnic Institute, Brooklyn, N.Y.

The Airborne Early Warning and Electronic Warfare Systems business unit is part of Northrop Grumman's Integrated Systems sector. Headquartered in El Segundo, Calif., the sector is a premier aerospace and defense systems integration enterprise. It designs, develops, produces and supports network-enabled integrated systems and subsystems for government and civil customers worldwide. Integrated Systems delivers best-value solutions, products and services that support military and homeland security missions in the areas of intelligence, surveillance and reconnaissance; battle management command and control; and integrated strike warfare.

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  CONTACT:  John Vosilla 
          Northrop Grumman Integrated Systems
          (516) 575-5119