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Northrop Grumman Awarded U.S. Air Force Payload Transporter System Contract

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HERNDON, Va., Nov. 1, 2012 (GLOBE NEWSWIRE) -- The U.S. Air Force has awarded Northrop Grumman Corporation (NYSE: NOC) a contract to design, develop, test and qualify a replacement payload transporter system for the nation's intercontinental ballistic missile (ICBM) weapon system.

This program will provide a replacement for the existing payload transporter that is nearing the end of its design life. The contract is worth $39.7 million over four years.

"Northrop Grumman has worked in close coordination with the Air Force for more than five decades to ensure the safety, security and reliability of our nation's ICBM weapon system," said Tony Spehar, vice president and program manager of Northrop Grumman's ICBM Systems business unit. "We are honored to have the opportunity to continue providing our customers with affordable, innovative solutions to meet their operational mission requirements."

The Northrop Grumman-led ICBM team has supported the Air Force in the overall sustainment of the weapon system including development, production, deployment and system modifications.

"The replacement transporter will provide an immediate improvement in security and prevent potential supportability impacts from the aging system currently in use," said Mark Bishop, program manager for the company's payload transporter replacement program.

Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cybersecurity, C4ISR, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.

CONTACT: Bryce McDevitt 703-713-4584 bryce.mcdevitt@ngc.com Leah Smith 703-713-4616 leah.smith@ngc.com

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