Northrop Grumman Corporation (NYSE: NOC) has been awarded a delivery order for the fifth year of a five-year contract to provide technical, logistics and material support for navigation systems installed on U.S. Navy ships and submarines.

The delivery order, valued at $15.5 million, was awarded to Northrop Grumman’s Sperry Marine business unit by Naval Inventory Control Point, Mechanicsburg, Pa., under a firm fixed-price performance-based logistics (PBL) contract.

CHARLOTTESVILLE, VA - Litton Marine Systems has been awarded a contract worth up to $1.8 million to supply navigation and control systems for two new frigates being built for the Moroccan Navy in France.

The two frigates are based on the French Floreal Class and are under construction at Chantiers de L'Atlantique in Saint Nazaire. They are scheduled for delivery in 2003-2004.

LOS ANGELES -- Northrop Grumman Corporation (NYSE: NOC) and Litton Industries Inc. (NYSE: LIT) jointly announced today that they have signed a definitive agreement under which Northrop Grumman will acquire for cash all of the outstanding shares of Litton for $80 per common share and $35 per Series B Preferred share. The transaction is valued at approximately $5.1 billion, which includes the assumption of Litton's $1.3 billion in net debt. Northrop Grumman's and Litton's boards of directors have unanimously approved the transaction.

Northrop Grumman Corporation (NYSE: NOC) has received type approval from the German certification authority Bundesamt für Seeschiffahrt & Hydrographie (BSH) for the Sperry Marine NAVISTAR satellite compass system.

The BSH type approval certifies that the NAVISTAR system meets the International Maritime Organization carriage requirements and International Standards Organization performance requirements for a Transmitting Heading Device (THD).