The suit by DOL against Mr. Bierwirth and other trustees of the GrummanCorporation Pension Plan was collateral damage from the fight to fend off a take-over attempt by conglomerate LTV.
Developed by engineers at the Northrop GrummanCorporation, it has gone on test flights and may eventually be able to set off on a preprogrammed flight plan, identify enemy targets and fire weapons.
The Northrop GrummanCorporation made a decision to ensure that our workers had two weeks of pay, even if they weren't there at the yards being able to get to work or have enough gas to get to work, they were going to be paid for that work.