Northrop Grumman Shipbuilding Issues WARN Notifications for Louisiana


PASCAGOULA, Miss., Aug. 3, 2010 (GLOBE NEWSWIRE) -- Northrop Grumman (NYSE:NOC) has issued a Worker Adjustment and Retraining Notification (WARN) for 205 employees at the Gulf Coast shipbuilding facilities at Avondale, La. and Tallulah, La. The affected employees soon will receive information and other details regarding this action.

Additional layoffs are expected this calendar year. Included in above number, 95 employees at the Tallulah facility will be notified individually or through their union that the facility will cease operations on or about Oct. 29, 2010 with closure of the facility expected by Dec. 3, 2010.

"This reduction is a result of the shipbuilding consolidation announced on July 13, 2010, combined with our need to align the workforce with the remaining work to be accomplished in Avondale and Tallulah, La.," said Irwin F. Edenzon, vice president and general manager of Northrop Grumman Shipbuilding-Gulf Coast. "This reduction is a necessary step in our effort to maintain a healthy and productive industrial footprint in the Gulf Coast, and structure our workforce to meet future business needs. We will assist those affected during this time of transition."

The Northrop Grumman Shipbuilding sector has begun this phased reduction in force as part of the scheduled discontinuation of shipbuilding activity to conclude by 2013. Reductions will impact employees in both union-represented positions and non-union positions.

Non-represented employees will receive information on eligibility for severance benefits and other career-transition services that will be provided. Northrop Grumman Shipbuilding will discuss the effects of the consolidation effort with the applicable union including any benefits that may be available for union-represented employees.

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.



            

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