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GRUMMAN TO PURCHASE COMMON SHARES

 BETHPAGE, N.Y., April 21 /PRNewswire/ -- Grumman Corporation (NYSE: GQ) today announced a program to purchase up to $100 million worth of its common stock. The transactions, open-market or private, will be made from time to time at the discretion of management.
 Grumman Corporation is best known as a leading international aircraft and aerospace company. Other businesses range from sophisticated integrated information and electronics systems to U.S. Postal Service delivery trucks. Headquartered in Bethpage, New York, Grumman employs 21,000 people. Revenues were $3.5 billion in 1992.
 -0- 4/21/93
 /CONTACT: Robert Harwood of Grumman, 516-575-5287/
 (GQ)


CO: Grumman Corporation ST: New York IN: ARO SU:

SB -- NY028 -- 8546 04/21/93 09:28 EDT
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Publication:PR Newswire
Date:Apr 21, 1993
Words:118
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