Thursday, May 26, 2005

Northrop Grumman Statement on Decision to No-Bid

Press Release:

Northrop Grumman Statement on Decision to No-Bid Los Alamos National Laboratory Management Contract
Thursday May 26, 11:34 am ET

MCLEAN, Va., May 26 /PRNewswire-FirstCall/ -- Based upon its evaluation of the Los Alamos National Laboratory request for proposal, Northrop Grumman Corporation (NYSE: NOC - News) has decided not to pursue the contract. The company continues to be committed to helping the U.S. Department of Energy achieve its overall objectives, but has determined that it can best provide that support through other key programs. The company is currently evaluating other future opportunities with the Department of Energy and looks forward to applying its world-class capabilities to meet the agency's specialized requirements.

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