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GRUMMAN TO COMPLETE U.S. POSTAL SERVICE TRUCK CONTRACT IN JANUARY 1995

 BETHPAGE, N.Y., Sept. 1 /PRNewswire/ -- Grumman Corporation (NYSE: GQ) announced today that the U.S. Postal Service will complete its buy of 142,655 Grumman Long Life Vehicles by January 1995. The trucks are manufactured at the company's Montgomery, Pa., facility, which employs 580 people. Grumman manufactures 100 of the trucks each day.
 Under the initial $1.1 billion contract awarded in 1986, Grumman built 99,150 vehicles. A $555 million follow-on contract to build another 43,505 vehicles was awarded in 1991.
 The Postal Service has notified Grumman that it will not exercise contract options that could have extended production into 1996.
 "We hope to continue as a valued supplier to the Postal Service as we identify other useful products and support the LLVs in the fleet," said Len Rothenberg, president, Grumman Allied, the company's vehicle group.
 The company plans to continue marketing the vehicle overseas. LLVs are now in use with the Canadian Postal Service. Other potential uses for the Montgomery facility include converting the plant to accommodate production of a larger aluminum truck recently introduced by Grumman.
 "Our job was to build a quality product that would help the Postal Service operate more efficiently, and we've done that," said Rothenberg.
 The LLV's rustproof aluminum body is built to last 24 years. It is mated to a modified General Motors S-10 Blazer power train and chassis. The truck can carry 1,000 pounds of mail, which is twice the capacity of the old postal jeep.
 The Postal Service held a competition in 1985 to find a replacement for its aging fleet of delivery vehicles. The Grumman entry was the only one of three to complete a grueling 24,000-mile durability test. In 1989, Grumman was named a U.S. Postal Service Quality Supplier of the Year.
 Grumman Corporation is best known as a leading international aircraft and aerospace company. Other businesses range from sophisticated integrated information and electronics systems to aluminum walk-in vans. Headquartered in Bethpage, Grumman employs 19,000 people. Revenues were $3.5 billion in 1992.
 -0- 9/1/93
 /CONTACT: Susan Vassallo of Grumman, 516-575-4938/
 (GQ)


CO: Grumman Corporation ST: New York, Pennsylvania IN: AUT SU: CON

GK-LG -- NY019 -- 7836 09/01/93 09:53 EDT
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Publication:PR Newswire
Date:Sep 1, 1993
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