Northrop Grumman Extends NNS Offer

August 31, 2001

Northrop Grumman Corporation announced that it has extended its pending exchange offer for all outstanding shares of common stock, including associated rights, of Newport News Shipbuilding Inc. from Aug. 30, 2001, to Sept. 13, 2001, at midnight E.D.T.

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Northrop Grumman Extends NNS Offer

Able Seaman - Mixed Work Schedule

Chief Radio Electronics Technician

Hydrographic Assistant Survey Technician

First Officer - Mixed Work Schedule

First Assistant Engineer (D)

Emerging Leaders: Max Braddock, Ship Superintendent, Detyens Shipyards

Seeing What’s on The Other Side of the Hill

Northrop Grumman Extends NNS Offer

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Able Seaman - Mixed Work Schedule

Chief Radio Electronics Technician

Hydrographic Assistant Survey Technician

First Officer - Mixed Work Schedule

First Assistant Engineer (D)

Emerging Leaders: Max Braddock, Ship Superintendent, Detyens Shipyards

Seeing What’s on The Other Side of the Hill