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2013Annual Report

3,130 3,276 8.35 7. 81 7. 41131211131211DILUTED EPS FROMCONTINUING OPERATIONSOPERATING INCOME 1.97 2,806 2,8331312111312CASH DIVIDENDS DECLARED( per common share ) 2,995 2.15( in millions ) 2.38( in millions )1113 2,503SALES 2,50211 2,44212 3,12313 26,412 25, 218 24,661SELECTED FINANCIAL HIGHLIGHTS1211ADJUSTED CASHPROVIDED BY CONTINUINGOPERATIONS*ADJUSTED FREE CASHFLOW FROM CONTINUINGOPERATIONS*( in millions )( in millions )* Non-GAAP measuresNon-GAAP definitions and reconciliations:Adjusted cash provided by operations is cashprovided by operations as defined by GAAPbefore the after-tax impact of discretionarypension contributions of 323 million, 193 million, and 648 million for years 2013, 2012 and 2011, respectively.Free cash flow is cash provided by operationsless capital expenditures. Free cash flow isreconciled to cash provided by operations inthe table on page 35 of Part II, Item 7, “Liquidityand Capital Resources,” in the Form 10-Kincluded in these materials.Adjusted free cash flow is free cash flowas defined and not reconciled above beforethe after-tax impact of discretionarypension contributions of 323 million, 193 million, and 648 million for years2013, 2012 and 2011, respectively.

DEAR FELLOW SHAREHOLDERSNorthrop Grumman achieved strong financial performance inIn 2013, we expanded our business with U.S. allies around the globe,2013, reflecting the results of superior program performance,increasing our international sales by approximately 20 percent toaffordability initiatives, innovation, and portfolio decisions 2.5 billion; slightly more than 10 percent of total revenue.across our four businesses. Financial highlights in 2013 included:increased earnings per share from continuing operations by7 percent to 8.35 per diluted share; a record pension-adjustedoperating margin rate of 12 percent; and free cash flow of 2.4billion before discretionary pension contributions. Through shareFor both U.S. and global markets, our strategy remains focused onfour key business areas where we believe our customers will investmost aggressively for the future – unmanned systems, C4ISR, cyberand logistics and modernization – as well as manned strike aircraft.repurchases and dividends, we returned 2.9 billion in cash to ourWe are cognizant of our responsibility to the communities inshareholders, or approximately 140 percent of 2013 reportedwhich we work and live. In 2013, Northrop Grumman and thefree cash flow.Northrop Grumman Foundation contributed a total of 38.1Since the end of 2009,sales have declined about11 percent, due in part toportfolio reshaping.“We are proud to have achieved strong 2013results. Our attention remains keenly focusedon driving performance for our shareholders,customers and employees.”During that same period,our focus on performance has generated a 17 percent increase inabsolute segment operating income and more than a 30 percentimprovement in segment operating margin rate. As a result, incombination with effective cash deployment, earnings per sharemillion to philanthropicefforts, supporting science,technology, engineering andmath programs and assistingveterans, service membersand their families. As we continue to expand our global presence,our philanthropic commitment will become increasingly global.I encourage you to take a few minutes to read our 2013 CorporateResponsibility report.from continuing operations have grown by a compound annualWe are proud to have achieved strong 2013 results whilegrowth rate of 17 percent. This improvement was primarily drivendemonstrating the highest levels of ethics and integrity. Ourby superior program performance and portfolio shaping, while weattention remains keenly focused on driving performance for ouralso significantly reduced our cost structure.shareholders, customers and employees. We thank you for yourcontinued investment in Northrop Grumman.WES BUSHChairman, CEO and PresidentMarch 14, 2014NORTHROP GRUMMAN 2013 ANNUAL REPORTPAGE 1

OUR BUSINESS SECTORSNorthrop Grumman offers anextraordinary portfolio of capabilitiesand technologies that enable usto deliver innovative systems andsolutions for applications thatrange from undersea to outer spaceand into cyberspace. Our corecompetencies are aligned with thecurrent and future needs of ourNorthrop Grumman broadened its business focus to one thatis increasingly global, looking for opportunities to expand thedelivery of products and services into attractive global markets byleveraging our core positions in C4ISR, unmanned systems, cyberand logistics. Country chief executives were appointed in each offour country markets aimed at strengthening in-country presence:UK & Europe, Australia, United Arab Emirates, Kingdom of SaudiArabia. This increased global presence will enable us to work moreclosely with our customers, understand and address their needs,and offer integrated solutions.customers and address emergingglobal security challenges in keyareas, such as unmanned systems,cyber, C4ISR, and logistics andmodernization that are critical to thedefense of our nation and its allies.PAGE 2NORTHROP GRUMMAN 2013 ANNUAL REPORT

AEROSPACESYSTEMSELECTRONICSYSTEMSA premier provider of mannedand unmanned aircraft,satellites and space systems,and advanced technologiescritical to the nation’s security.Key products includethe Global Hawk enterprise(Global Hawk, Triton andNATO AGS), Fire Scout, andX-47B UCAS-D unmannedaircraft systems; the B-2Bomber, E-2 Hawkeye, F-18,F-35, Joint STARS targetingand battle managementsystem; the James WebbSpace Telescope, SpaceTracking and SurveillanceSystem, and advancedcommunications payloads.A leading provider ofsensor systems for avariety of global securityapplications includingsituational awarenessand self-protection. Keyproducts include combatavionics radars for fighteraircraft; satellite-basedspace sensors; airbornesurveillance systems;ground- and vehiclebased radars; shipboardradars; navigation systems;systems for unmannedaircraft; laser systemsfor both targeting andinfrared countermeasuresapplications; advancedelectronic systems coveringthe electro-optical, RF, andIR spectrums; and networkedsystems to process anddisseminate C4ISR data.NORTHROP GRUMMAN 2013 ANNUAL REPORTINFORMATIONSYSTEMSA leading global providerof advanced informationsystems solutions includingcyber, communications,command and control, ISR,civil security, and healthIT in support of the U.S.and its allies. Key solutionsinclude full-spectrum cyber;airborne communicationsnetworks, command andcontrol systems, air andmissile defense systems,unmanned ground systems;SIGINT solutions; groundterminals for spacecommunication; fraudprevention systems; criticalinfrastructure protection;and secure mobile publicsafety solutions.TECHNICALSERVICESA premier supplier oflife cycle solutions andinnovative technical supportand services for customersglobally. Key capabilitiesinclude platform sustainmentand modernization,advanced training solutions,including the U.S. Army’sCombat Training CenterInstrumentation System,high-technology engineeringservices and operationallyresponsive systems forprograms such as KC-10Extender refueling aircraft;U.S. Army Mission CommandTraining Program; Hunterunmanned aerial system lifecycle support; IntercontinentalBallistic Missile Programand the U.S. Army’s NationalTraining Center combat andtactical wheel vehicle fleetmanagement.PAGE 3

ELECTED OFFICERS (As of December 31, 2013)WESLEY G. BUSHDARRYL M. FRASERChairman, Chief Executive Officerand PresidentCorporate Vice President,CommunicationsSID ASHWORTHCorporate Vice President,Controller andChief Accounting OfficerMARK A. CAYLORCorporate Vice Presidentand President,Technical ServicesMICHAEL A. HARDESTYCorporate Vice President,Government RelationsCorporate Vice Presidentand President,Enterprise Shared ServicesSHEILA C. CHESTONCorporate Vice Presidentand General CounselGLORIA A. FLACHCorporate Vice Presidentand President,Electronic SystemsCHRISTOPHER T. JONESJAMES F. PALMERCorporate Vice President andChief Financial OfficerDENISE M. PEPPARDCorporate Vice Presidentand Chief Human Resources OfficerDAVID T. PERRYCorporate Vice Presidentand Chief Global BusinessDevelopment OfficerJENNIFER C. MCGAREYCorporate Vice Presidentand SecretaryLINDA A. MILLSCorporate Vice President,OperationsPRABU NATARAJANCorporate Vice Presidentand TreasurerTHOMAS E. VICECorporate Vice Presidentand President,Aerospace SystemsKATHY J. WARDENCorporate Vice Presidentand President,Information SystemsBOARD OF DIRECTORS (As of December 31, 2013)WESLEY G. BUSHChairman, Chief Executive Officerand President,Northrop Grumman CorporationVICTOR H. FAZIO 1 3Senior Advisor, Akin GumpStrauss Hauer & Feld LLP (law firm)and Former Member of CongressDONALD E. FELSINGER 2 4Lead Independent Director,Northrop Grumman CorporationFormer Chairman andChief Executive Officer,Sempra Energy(energy services company)STEPHEN E. FRANK 1 3†Former Chairman, Presidentand Chief Executive Officer,Southern California Edison(electric utility company)BRUCE S. GORDON 1† 4Former Presidentand Chief Executive Officer,NAACP and Former President,Retail Markets Group,Verizon Communications Inc.(telecommunications company)PAGE 4WILLIAM H. HERNANDEZ 1 3Former Senior Vice Presidentand Chief Financial Officer,PPG Industries, Inc.(chemical and industrialproducts manufacturer)GARY ROUGHEAD 1 3Admiral, United States Navy (Ret.)and Former Chief of Naval OperationsTHOMAS M. SCHOEWE 1 3MADELEINE A. KLEINER 2 3Former Executive Vice Presidentand General Counsel,Hilton Hotels Corporation(hotel and resort company)KARL J. KRAPEK 2† 4Former President andChief Operating Officer,United Technologies Corporation(aerospace and buildingsystems company)Former Executive Vice Presidentand Chief Financial Officer,Wal-Mart Stores, Inc.(operator of retail stores)KEVIN W. SHARER 2 4†Senior Lecturer at HarvardBusiness School andFormer Chairman,Chief Executive Officerand President, Amgen, Inc.(biotechnology company)RICHARD B. MYERS 1 4General, United States Air Force(Ret.) and Former Chairman ofthe Joint Chiefs of StaffAULANA L. PETERS 2 3Former Partner,Gibson, Dunn & Crutcher(law firm)1 Member of Policy Committee2 Member of Governance Committee3 Member of Audit Committee4 Member of Compensation Committee† Committee ChairpersonNORTHROP GRUMMAN 2013 ANNUAL REPORT

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,D.C. 20549FORM10-KANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934For the fiscal year ended December 31, 2013orTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the transition period fromtoCommission file number 1-16411NORTHROP GRUMMAN CORPORATION(Exact name of registrant as specified in its charter)DELAWARE(State or other jurisdiction ofincorporation or organization)80-0640649(I.R.S. EmployerIdentification Number)2980 Fairview Park Drive, Falls Church, Virginia 22042 (703) 280-2900(Address and telephone number of principal executive offices)Securities registered pursuant to section 12(b) of the Act:Title of each className of each exchange on which registeredCommon Stock, 1 par valueNew York Stock ExchangeSecurities registered pursuant to Section 12(g) of the Act:NoneIndicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.YesNoIndicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act.YesNoIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.YesNoIndicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, everyInteractive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months(or for such shorter period that the registrant was required to submit and post such files).YesNoIndicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and willnot be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference inPart III of this Form 10-K or any amendment to this Form 10-K.Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smallerreporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule12b-2 of the Exchange Act.Large accelerated filerAccelerated filerNon-accelerated filerSmaller reporting company(Do not check if a smaller reporting company)Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).YesNoAs of June 28, 2013, the aggregate market value of the common stock (based upon the closing price of the stock on the New YorkStock Exchange) of the registrant held by non-affiliates was approximately 19.1 billion.As of January 30, 2014, 216,737,248 shares of common stock were outstanding.DOCUMENTS INCORPORATED BY REFERENCEPortions of Northrop Grumman Corporation’s Proxy Statement to be filed with the Securities and Exchange Commission pursuantto Regulation 14A for the 2014 Annual Meeting of Stockholders are incorporated by reference in Part III of this Form 10-K.

NORTHROP GRUMMAN CORPORATIONTABLE OF CONTENTSPagePART IItem 1.Item 1A.Item 1B.Item 2.Item 3.Item 4.BusinessRisk FactorsUnresolved Staff CommentsPropertiesLegal ProceedingsMine Safety Disclosures1818191920PART IIMarket for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecuritiesItem 6.Selected Financial DataItem 7.Management’s Discussion and Analysis of Financial Condition and Results of OperationsOverviewConsolidated Operating ResultsSegment Operating ResultsProduct and Service AnalysisBacklogLiquidity and Capital ResourcesCritical Accounting Policies, Estimates, and JudgmentsOther MattersItem 7A. Quantitative and Qualitative Disclosures about Market RiskItem 8.Financial Statements and Supplementary DataReport of Independent Registered Public Accounting FirmConsolidated Statements of Earnings and Comprehensive IncomeConsolidated Statements of Financial PositionConsolidated Statements of Cash FlowsConsolidated Statements of Changes in Shareholders' EquityNotes to Consolidated Financial Statements1. Summary of Significant Accounting Policies2. Earnings Per Share, Share Repurchases and Dividends on Common Stock3. Business Dispositions4. Segment Information5. Accounts Receivable, Net6. Inventoried Costs, Net7. Income Taxes8. Goodwill and Other Purchased Intangible Assets9. Fair Value of Financial InstrumentsItem 859596162

Page10. Long-term Debt11. Investigations, Claims and Litigation12. Commitments and Contingencies13. Retirement Benefits14. Stock Compensation Plans and Other Compensation Arrangements15. Unaudited Selected Quarterly DataItem 9.Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A. Controls and ProceduresItem 9B. Other InformationManagement's Report on Internal Control over Financial ReportingReport of Independent Registered Public Accounting Firm on Internal Control over Financial ReportingItem 10.Item 11.Item 12.Item 13.Item 14.PART IIIDirectors, Executive Officers, and Corporate GovernanceExecutive CompensationSecurity Ownership of Certain Beneficial Owners and Management and Related Stockholder MattersCertain Relationships and Related Transactions, and Director IndependencePrincipal Accountant Fees and Services63656667747778787879808182838383PART IVItem 15.Exhibits and Financial Statement SchedulesSignatures8492ii

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NORTHROP GRUMMAN CORPORATIONPART IItem 1. BusinessHISTORY AND ORGANIZATIONHistoryNorthrop Grumman Corporation (herein referred to as “Northrop Grumman,” the “company,” “we,” “us,” or “our”)is a leading global security company. We provide innovative systems, products and solutions in unmanned systems;cybersecurity; command, control, communications and computers (C4) intelligence, surveillance, andreconnaissance (C4ISR); and logistics and modernization to government and commercial customers worldwidethrough our four segments: Aerospace Systems, Electronic Systems, Information Systems and Technical Services.We participate in many high-priority defense and government services programs in the United States (U.S.) andabroad. We offer a broad portfolio of capabilities and technologies that enable us to deliver innovative systems andsolutions for applications that range from undersea to outer space and into cyberspace. We conduct most of ourbusiness with the U.S. Government, principally the Department of Defense (DoD) and intelligence community. Wealso conduct business with local, state, and foreign governments and domestic and international commercialcustomers. For a discussion of risks associated with our operations, see Risk Factors in Part I, Item 1A.The company originally was formed in Hawthorne, California in 1939, as Northrop Aircraft Incorporated and wasreincorporated in Delaware in 1985, as Northrop Corporation. Northrop Aircraft Incorporated was a principaldeveloper of the flying wing technology, including the B-2 Stealth Bomber. The company developed into one of thelargest defense contractors in the world through a series of acquisitions, as well as organic growth. In 1994, weacquired Grumman Corporation (Grumman), after which time the company was renamed Northrop GrummanCorporation. Grumman was a premier military aircraft systems integrator and builder of the Lunar Module that firstdelivered men to the surface of the moon. In 1996, we acquired the defense and electronics businesses ofWestinghouse Electric Corporation (Westinghouse), a world leader in the development and production ofsophisticated radar and other electronic systems for the nation’s defense, civil aviation, and other international anddomestic applications. In 2001, we acquired Litton Industries, a global electronics and information technologycompany, and one of the nation's leading full service shipbuilders. In 2002, we acquired TRW Inc. (TRW), a leadingdeveloper of military and civil space systems and satellite payloads, as well as a leading global integrator ofcomplex, mission-enabling systems and services.Effective as of March 31, 2011, the company completed the spin-off to its shareholders of Huntington IngallsIndustries, Inc. (HII). HII operates our former Shipbuilding business, which was acquired in 2001, through theacquisition of Newport News Shipbuilding and a portion of the Litton acquisition. As a result of the spin-off, assets,liabilities and results of operations for the former Shipbuilding segment have been reclassified as discontinuedoperations for all periods presented. See Note 3 to our consolidated financial statements in Part II, Item 8 for furtherinformation.OrganizationFrom time to time, we acquire or dispose of businesses and realign contracts, programs or business areas among andwithin our operating segments, such as where they possess similar customers, expertise, and capabilities. Internalrealignments are designed to more fully leverage existing capabilities and enhance development and delivery ofproducts and services. The operating results for all periods presented have been revised to reflect these changesmade through December 31, 2013. We are currently aligned into four operating segments: Aerospace Systems,Electronic Systems, Information Systems and Technical Services. See Note 4 to our consolidated financialstatements in Part II, Item 8 for further information.AEROSPACE SYSTEMSAerospace Systems, headquartered in Redondo Beach, California, is a leader in the design, development, integrationand production of manned aircraft, unmanned systems, spacecraft, high-energy laser systems, microelectronics andother systems and subsystems. Aerospace Systems' customers, primarily U.S. government agencies, use thesesystems in mission areas including intelligence, surveillance and reconnaissance (ISR), communications, battlemanagement, strike operations, electronic warfare, earth observation, satellite communications, space science andspace exploration. The segment consists of four business areas: Unmanned Systems, Military Aircraft Systems,Space Systems, and Strategic Programs & Technology.Unmanned Systems - designs, develops, manufactures, and integrates ISR unmanned systems for tactical andstrategic systems. Key ISR programs include the RQ-4 Global Hawk reconnaissance system, a proven high-altitudelong-endurance system providing near real-time high resolution imagery of large geographical areas; the Triton-1-

NORTHROP GRUMMAN CORPORATIONaircraft system providing real-time ISR over vast ocean and coastal regions; the trans-Atlantic NATO AllianceGround Surveillance system for multinational theater operations, peacekeeping missions, and disaster relief efforts;the Fire Scout aircraft system providing unprecedented situational awareness and precision targeting support; andthe Navy Unmanned Combat Air System for the demonstration unmanned combat air vehicle for carrier basedoperations.Military Aircraft Systems - designs, develops, manufactures, and integrates airborne C4ISR, electronic warfaremission systems, and long range strike and tactical aircraft systems. Key airborne C4ISR programs include the E-2DAdvanced Hawkeye and Joint Surveillance Target Attack Radar System (JSTARS). Electronic warfare includes theEA-18G Growler and EA-6B Prowler airborne electronic attack weapon systems in addition to the design,development, and integration of laser weapon systems for air, sea, and ground platforms. This business area alsodesigned, developed and manufactured the B-2 Spirit bomber and now provides sustainment and upgrade servicesfor the B-2, the nation's most advanced long range strike aircraft system. Tactical aircraft includes the design,development, manufacture and integration of F/A-18 aft sections and F-35 center sections.Space Systems - designs, develops, manufactures, and integrates spacecraft systems, subsystems, sensors andcommunications payloads in support of space science and C4ISR. Key programs include the James Webb SpaceTelescope (JWST), a large infrared telescope being built for NASA that will be deployed in space to study theorigins of the universe; Advanced Extremely High Frequency (AEHF) payloads providing survivable, protectedcommunications to U.S. forces; and restricted programs.Strategic Programs & Technology - creates and matures advanced technologies and innovative concepts to provideaffordable solutions addressing current and future customer needs. The Strategic Programs & Technology businessarea maintains a broad portfolio of contracts ranging from development of components to prototypes to initialoperational systems across the air, land and space domains.ELECTRONIC SYSTEMSElectronic Systems, headquartered in Linthicum, Maryland, is a leader in the design, development, manufacture andsupport of solutions for sensing, understanding, anticipating and controlling the operating environment for ourglobal military, civil and commercial customers. Electronic Systems provides a variety of defense electronics andsystems, airborne fire control radars, situational awareness systems, early warning systems, airspace managementsystems, navigation systems, communications systems, marine power and propulsion systems, space systems andlogistics services. The segment consists of three business areas: Intelligence, Surveillance, Reconnaissance &Targeting Systems, Land & Self Protection Systems, and Navigation & Maritime Systems.Intelligence, Surveillance, Reconnaissance & Targeting Systems - delivers products and services for space satelliteapplications, airborne and ground-based surveillance, multi-sensor processing, analysis and dissemination forcombat units and national agencies, both domestic and international. These systems provide battle space awareness,missile defense, command and control, combat avionics (fire control radars, multi-function apertures and pods),airborne electro-optical/infrared (EO/IR) targeting systems and postal automation systems. Key programs includeairborne fire control radars such as the Scalable Agile Beam Radar (SABR), which provides affordable ActiveElectronically Scanned Array (AESA) capabilities for domestic and international fighters; the F-35 fire controlradar, a multi-function AESA radar for the U.S. Armed Forces and a large number of international partners; EO/IRsystems such as the LITENING targeting pod and the Distributed Aperture System (DAS), a 360 degree sphericalsituational awareness system; airborne surveillance radars such as the Multirole Electronically Scanned Array(MESA) for Airborne Early Warning & Control (AEW&C), which provides air-to-air and air-to-surface coverage;and space systems such as the Space-Based Infrared System (SBIRS), which provides data for missile surveillance,missile defense, technical intelligence and battlespace characterization.Land & Self Protection Systems - delivers products, systems and services that support ground-based, helicopter andfixed wing platforms (manned and unmanned) with sensor and protection systems. A major product line of thisbusiness area consists of systems that perform threat detection and countermeasures that defeat infrared and radiofrequency (RF) guided missile and tracking systems. This business area also provides integrated electronic warfarecapability, communications and intelligence systems, unattended ground sensors, automatic test equipment,advanced threat simulators, ground-based air defense and multi-function radars, situational awareness systems andlaser/electro-optical systems. Key programs include the Ground/Air Task Oriented Radar (G/ATOR), which is aground-based multi-mission radar designed to detect and track a wide variety of threats; the TPS-78 ground-basedradar, which provides air defense and air surveillance for the global market; the Large Aircraft InfraredCountermeasures (LAIRCM), which is an infrared countermeasure system designed to protect aircraft against man-2-

NORTHROP GRUMMAN CORPORATIONportable (shoulder-launched) infrared-guided surface-to-air missiles; and the AN/APR-39, which provides rapididentification and continuous radar threat warning for today's complex battlefields.Navigation & Maritime Systems - delivers products and services to domestic and international defense, civil andcommercial customers supporting smart navigation, shipboard radar surveillance, ship control, machinery controland integrated combat management systems for naval surface ships; high-resolution undersea sensors for minehunting, situational awareness and other applications; unmanned marine vehicles; shipboard missile andencapsulated payload launch systems, propulsion and power generation systems, nuclear reactor instrumentation andcontrol and acoustic sensors for submarines and aircraft carriers; inertial navigation systems for all domains (air,land, sea, and space); and embedded Global Positioning Systems. Key programs include the AN/SPQ-9B Anti-ShipMissile Defense radar, which provides the US Navy’s cruisers and destroyers with situational awareness and contactinformation from aircraft, cruise missiles, surface vessels and periscope detection; inertial navigation andpositioning products for a range of platforms including ships, aircraft, spacecraft and weapons systems.In addition to the product and service lines discussed above, our Electronic Systems segment also includes anAdvanced Concepts & Technologies Division (AC&TD), which develops next-generation systems to position thesegment in key developing markets. AC&TD focuses on understanding customer mission needs; conceivingaffordable, innovative and open solutions; and demonstrating the readiness and effectiveness of Electronic Systems'products. AC&TD focuses on the following enterprise-wide and cross cutting technology development thrust areas:RF systems; EO/IR systems; multi-function systems; modular open systems architectural approaches and designs;precision navigation and timing capabilities; and secure and trusted solutions.INFORMATION SYSTEMSInformation Systems, headquartered in McLean, Virginia, is a leading global provider of advanced solutions for theDoD, national intelligence, federal civilian and state agencies, commercial and international customers. Products andservices focus on the fields of command and control (C2), communications, cybersecurity, air and missile defense,intelligence processing, civil security, health information technology, government support systems and systemsengineering and integration.Within C4ISR, we are a major end-to-end provider of net-enabled C2, net-enabled Battle Management,communications and network gateway systems, mission-enabling solutions and decision superiority. Our systemsare installed in operational and command centers world-wide and across DoD services, joint commands and theinternational security community. We also deliver intelligence-related systems and services to the U.S. Governmentin several mission areas including Signals Intelligence (SIGINT) systems, geospatial intelligence and multi-sourceintelligence data fusion.Cybersecurity offerings span intelligence, defense, federal, civilian, state and international customers, providingdynamic cyber defense and specialized cyber systems and services in support of critical government missions.Applications are predominantly for high end intelligence and defense missions, but also include

NORTHROP GRUMMAN 2013 ANNUAL REPORT ELECTED OFFICERS (As of December 31, 2013) WESLEY G. BUSH Chairman, Chief Executive Officer and President SID ASHWORTH Corporate Vice President, Government Relations MARK A. CAYLOR Corporate Vice President and President, Enterprise Shared Services SHEILA C. CHESTON Corporate Vice President

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