FALLS CHURCH, Va., May 17, 2022 (GLOBE NEWSWIRE) -- The board of directors of Northrop Grumman Corporation (NYSE:NOC) declared a quarterly dividend of $1.73 per share on Northrop Grumman common stock, payable June 15, 2022, to shareholders of record as of the close of business May 31, 2022.

"Northrop Grumman remains focused on deploying our capital in value-creating ways for our customers and investors," said Kathy Warden, chair, chief executive officer and president. "We are investing in our business to support our growth and we continue to provide a competitive return of capital to shareholders. This includes today's 10 percent increase to our dividend, which represents the 19th consecutive annual increase."

Northrop Grumman is a technology company, focused on global security and human discovery. Our pioneering solutions equip our customers with capabilities they need to connect, advance and protect the U.S. and its allies. Driven by a shared purpose to solve our customers' toughest problems, our 90,000 employees define possible every day.

Contact:

Vic Beck (Media)

703-280-4456 (office)

vic.beck@ngc.com

Todd Ernst (Investors)

703-280-4535 (office)

todd.ernst@ngc.com

Northrop Grumman Increases Quarterly Dividend 10 Percent to $1.73