TRW Inc.
acknowledged receipt from Northrop Grumman of an unsolicited proposal of
$47 in Northrop common stock for each share of TRW common stock.
TRW’s Board
of Directors will address the Northrop proposal in order to determine the
appropriate course, which will serve the best interests of TRW’s shareholders
and other constituencies.
Shareholders need take no action at this time.

TRW finds it regrettable that Northrop Grumman has chosen to make this
proposal immediately following the unexpected departure of its former Chief
Executive Officer, David Cote, and the aberrationally low stock price that

TRW provides advanced-technology products and services for the aerospace,
systems, and automotive markets.

  • Contact
  • Judy Wilkinson or
  • Barrett Godsey
  • Joele Frank, Wilkinson Brimmer Katcher
  • 212-355-4449