Northrop Grumman Announces Schedule Extension and Charge on Shipbuilding Program

April 19, 2008 @ PM Connect: Project Management Press Releases from PMFORUM Webmaster

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Analyst Conference Call to be Webcast Today at 8:30 a.m. EDT LOS ANGELES, CA - /PRNewswire-FirstCall/ - April 15, 2008 -- Northrop Grumman announced today that it expects to record a pre-tax charge to 2008 first quarter earnings of $320 to $360 million or $0.61 to $0.69 per diluted share. The charge will primarily reflect a re-evaluation of the estimated schedule and cost to complete the LHD-8


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