updated 3/29/2011 11:46:44 AM ET 2011-03-29T15:46:44

VIRGINIA BEACH, Va., March 29, 2011 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) subsidiary AMSEC LLC, was one of two contractors awarded a contract by the U.S. Navy for marine design and engineering services in support of Puget Sound and Pearl Harbor Naval Shipyards (PSNS) and Intermediate Maintenance Facilities (IMF).

This indefinite delivery, indefinite quantity, cost plus fixed fee contract contains a base period with four one-year option periods. If all options are exercised, the total value for AMSEC would be approximately $40.2 million.

"AMSEC has demonstrated expertise and leadership in marine engineering and design services," said Harris Leonard, vice president of Northrop Grumman Shipbuilding and president of AMSEC Operations. "We look forward to continuing our longstanding partnership with PSNS and IMF. We are dedicated in providing quality engineering service in support of the Navy's operational readiness."

AMSEC's portion of the work will be performed at their locations in Kitsap County, Wash., Pearl Harbor Naval Shipyard, Hawaii, San Diego, Norfolk, Va., and other locations. The work is expected to be completed by March 2016. The Fleet and Industrial Supply Center Puget Sound, Bremerton, Wash., is the contracting activity.

AMSEC LLC, a wholly-owned subsidiary of Northrop Grumman's Shipbuilding sector, is a full-service provider of engineering, logistics and technical support services to the U.S. Navy and maritime industry.

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. Please visit www.northropgrumman.com for more information.

CONTACT: Leslie Mitchell-Gallop
         Northrop Grumman Shipbuilding
         (757) 463-6666
         leslie.mitchell2@ngc.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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