Northrop Grumman Awarded $2.4 Billion Contract for USS Theodore Roosevelt Refueling and Complex Overhaul

Northrop Grumman Awarded $2.4 Billion Contract for USS Theodore
Roosevelt Refueling and Complex Overhaul
August 26, 2009

NEWPORT NEWS, Va. – The U.S. Navy has awarded Northrop Grumman Corporation (NYSE:NOC) a contract valued at approximately $2.4 billion for the refueling and complex overhaul (RCOH) of the nuclear-powered aircraft carrier, USS Theodore Roosevelt (CVN 71).

The work will be performed by the company's Shipbuilding sector
in Newport News, Va. and will include the refueling of the ship's
reactors, as well as extensive modernization work to more than 2,300
compartments, 600 tanks, and hundreds of systems. In addition, major
upgrades will be made to the flight deck, catapults, combat systems and
the island. The carrier is scheduled to arrive at the shipyard this
month.

"During this large and complex project, we'll touch almost
every part of the ship," said Jim Hughes, Northrop Grumman
Shipbuilding's vice president of aircraft carrier overhaul and fleet
support. "As in the past, we look forward to working with our Navy
partner to meet quality, cost and schedule commitments as we increase
and modernize Roosevelt's capabilities to return her to the fleet for
another 25 years of service."

Work is scheduled to last more than three years and will be the
ship's one and only refueling and complex overhaul in a 50-year life
span. USS Theodore Roosevelt is the fourth ship of the Nimitz class to
undergo this major life-cycle milestone. More than 3,800 Northrop
Grumman Shipbuilding employees will be working aboard the carrier
during peak periods of the project.

Launched in 1984 and delivered to the Navy in 1986, USS
Theodore Roosevelt is the fourth Nimitz-class carrier built by Northrop
Grumman, the nation's sole designer, builder and refueler of
nuclear-powered aircraft carriers.

Northrop Grumman Corporation is a leading global security
company whose 120,000 employees provide innovative systems, products
and solutions in aerospace, electronics, information systems,
shipbuilding and technical services to government and commercial
customers worldwide.


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