COLORADO SPRINGS, Colo., May 21, 2008 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC - News), one of the largest defense contractors in Colorado Springs, will cut the ribbon today on a 124,000-square-foot building located at Colorado Springs Airport Business Park.

The ribbon-cutting ceremony is expected to include Donald M. Elliman Jr., Colorado director of economic development and international trade; Lionel Rivera, mayor of the city of Colorado Springs; Steve Nesterak, president of Lowe Enterprises Real Estate Group; John Faulkner, assistant director of aviation planning and development for the city of Colorado Springs; Philip A. Teel, Northrop Grumman corporate vice president and president of Northrop Grumman Mission Systems sector; and Tim McMahon, Northrop Grumman corporate lead executive for the Colorado Springs region.

``This state-of-the-art facility is an investment in our employees, in the Colorado Springs community and in our customers. It allows us to implement operating efficiencies and enables Northrop Grumman to continue improving the already outstanding solutions we offer our customers,'' McMahon said.

Over time the company will consolidate more than 400 employees from existing buildings in the Colorado Springs area. The building will house employees who work on Intercontinental Ballistic Missile integration; space and satellite operations; space surveillance and control; and intelligence training, among other things.

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.

          George I. Seffers
          Northrop Grumman Mission Systems
          (703) 345-8548
          george.seffers@ngc.com