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GRUMMAN COMMENTS ON REUTERS HEADLINE

 BETHPAGE, N.Y., Sept. 1 /PRNewswire/ -- The following was released today by Grumman Corporation (NYSE: GQ):
 At 11:01 a.m. on Sept. 1, Reuters ran a headline stating, "U.S. Defense Plan Cancels Navy FX Attack Jet Project With Grumman."
 Grumman was on one of four industry teams competing for the Navy's next-generation attack aircraft. In fact, no production contract existed: the competition was in its earliest stages. Competing teams were: (1) Grumman/Boeing/Lockheed; (2) Lockheed/Boeing; (3) Rockwell/Lockheed; (4) McDonnell Douglas/LTV.
 -0- 9/1/93
 /CONTACT: Susan Vassallo of Grumman, 516-575-4938/
 (GQ)


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

CK -- NY049 -- 8004 09/01/93 13:54 EDT
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Publication:PR Newswire
Date:Sep 1, 1993
Words:116
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