MCLEAN, Va., Aug. 7, 2008 (PRIME NEWSWIRE) -- Northrop Grumman Corporation's (NYSE:NOC) Dick Coleman has received the 2008 Society of Cost Estimating and Analysis National Lifetime Achievement award for his demonstration of cost estimation excellence over his entire career.

Coleman is the director of cost/pricing analysis for Northrop Grumman's Information Technology (IT) sector.

He was presented this honor at the International Society of Parametric Analysts (ISPA)/Society of Cost Estimating and Analysis (SCEA) National Conference in Los Angeles on June 25. He was recognized for his outstanding commitment to a lifetime of cost estimation excellence. He was the only recipient of this award this year.

"Dick's tireless commitment to Northrop Grumman in leading rigorous independent cost evaluations has provided material benefits to the company in meeting its financial commitments," said Eric Howell, vice president of contracts, pricing and subcontracts for Northrop Grumman IT. "He is very deserving of this achievement award, and we are fortunate to have him on our team."

The SCEA National Lifetime Achievement award recognizes candidates who have garnered significant accomplishments and immense contributions to SCEA's mission of improving cost estimating and analysis in government and industry, as well as enhancing the professional competence and achievements of its members.

Northrop Grumman Corporation is a global defense and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.

  CONTACT:  Juli Ballesteros
          Northrop Grumman Information Technology
          (703) 556-2737