In 1998, TRW was successful in many areas -- improving performance on government contracts, growing the commercial wireless telecommunications product lines, maintaining a market leadership position in the highly competitive automotive supplier industry, introducing new products, and taking actions to improve its automotive business.

The company's space, defense and information systems businesses continued to deliver increased profits in 1998.

For the Department of Defense, TRW continues successfully to develop and build advanced technology ground, space and high-energy laser systems. Capitalizing on a growing privatization trend within the government and industry, TRW secured a number of outsourcing contracts in 1998 for the quantity of 691 million dollar.

TRW is recognized for providing products and services that create exceptional value for customers - from automotive occupant safety products, automotive electronics, steering and suspension systems, and engine components to spacecraft and space communications, defense systems, telecommunications, information technology, public safety, and other complex integrated systems.