Monday, January 4, 2010

Northrop moving HQ to DC region

Defense contractor Northrop Grumman said it plans to move its headquarters from Los Angeles to the Washington D.C. area by 2011. It plans to identify a site by this spring and is looking at the District, Maryland and Virginia. The company plans to move about 300 people to the headquarters. Wes Bush, the company’s chief executive, says Northrop has a lot of customers in the Washington, D.C., region and the move will help the company better serve customers. (Source: Northrop Grumman, 01/04/10) Gulf Coast note: Northrop and partner EADS are competing against Boeing to build tankers for the Air Force. If the Northrop/EADS team wins the tankers will be assembled in Mobile, Ala.