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Northrop Grumman/Raytheon Team Wins GOES-R Program Definition and Risk Reduction Contract

REDONDO BEACH, Calif., Oct. 28, 2005 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) and its teammate Raytheon Company (NYSE:RTN) won a program definition and risk reduction contract for the nation's next-generation Geostationary Operational Environmental Satellite (GOES) system, GOES-R. The contract was awarded by the National Oceanic and Atmospheric Administration (NOAA).

The $10 million, six-month contract includes options for a potential additional $20 million and a 16-month extension.

During the program definition and risk reduction phase, the team will produce trade studies comparing the performance and cost of alternative system architectures, develop system definition through allocating requirements and operational functions, initiate system and segment designs for products to be developed in the subsequent program phase, execute steps to reduce key risk areas and demonstrate the team's ability to meet the government's end-to-end system performance requirements for NOAA's missions.

"The GOES system has been an essential cornerstone of weather observations and forecasting for 25 years," said Alexis Livanos, president of Northrop Grumman's Space Technology sector. "Our team will draw on its years of expertise in design, development and integration of large complex environmental systems to create an affordable program that places greatly improved data into the user's hands."

Northrop Grumman and Raytheon have extensive experience in building and integrating remote sensing spacecraft, and managing high-volume command, control and data systems. Just recently, NASA's Northrop Grumman-built Aqua spacecraft contributed to prediction and disaster-relief efforts to all of the recent hurricanes by providing authorities with data on sea surface temperatures, rainfall and flooding.

GOES-R will collect 100 times more data and scan the Earth three-to-five times faster than previous systems, providing improved spatial, spectral and temporal resolution. These advances will provide more advanced environmental products and services that can be used by weather forecasters for many applications, including hurricane track and intensity forecasts and monitoring of coastal, harbor and inland waterways for fishing, contamination and environmental change analysis.

Improved products and services are critical to NOAA's missions for monitoring weather and water, climate, oceans and ecosystems, and commerce and transportation.

Raytheon Company, with 2004 sales of $20.2 billion, is an industry leader in defense and government electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs 80,000 people worldwide.

Northrop Grumman Corporation is a global defense company headquartered in Los Angeles, Calif. Northrop Grumman provides technologically advanced, innovative products, services and solutions in systems integration, defense electronics, information technology, advanced aircraft, shipbuilding and space technology.

CONTACT: Sally Koris
Northrop Grumman Space Technology
(310) 812-4721

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