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Moody's "affirms ratings of...........>

US CORPORATES
US CORPORATES: Moody's "affirms ratings of Northrop Grumman on agreement to
acquire Orbital ATK, Orbital's senior unsecured rating placed on review for
upgrade." 
- Moody's "affirmed its respective Baa1 and Baa2 senior unsecured debt ratings
assigned to Northrop Grumman Systems Corporation and its parent, Northrop
Grumman Corporation (together, "Northrop") following today's announcement that
Northrop reached an agreement to acquire Orbital ATK Inc. ("OA") for
approximately $9.2 billion in an all cash transaction, including the assumption
of about $1.4 billion of OA's debt. The rating outlook on Northrop is stable."

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