: News

Leading Defense Contractor Moves HQ To Virginia

Play associated audio
Virginia Gov. Bob McDonnell says the new Northrop Grumman headquarters will create more than 300 new jobs.
Elliott Francis
Virginia Gov. Bob McDonnell says the new Northrop Grumman headquarters will create more than 300 new jobs.

By Elliott Francis

One of the world's largest defense contractors, Northrop Grumman, is moving its headquarters from California to Virginia. The shift means more jobs and tax revenue for the state.

Officials in Virginia, Maryland and the District had been trying for several months to persuade the aerospace firm to move to their jurisdiction. All presented incentive packages, with D.C. reportedly offering slightly more than the $12 to $14 million handed over by Virginia's Governor, Bob McDonnell.

Northrop Grumman CEO Wes Gruman says in the end it wasn't all about money but more about being close to one of the firm's biggest contractors, the Pentagon.

"The decision really came down to several factors. As I mentioned, the proximity and real estate played a big role in it, but the economics also played a big role."

More than 91 percent of Northrop Grumman's $35 billion dollar a year in revenue comes from the U.S. government; most of that is with the Pentagon.

In addition, more than 300 jobs will be created and according to Governor McDonnell, there's a tax windfall in the deal for the residents of Virginia.

"We think it's going to bring $30,000 in tax revenue to the state over the next decade and we'll have a return on our investment very quickly," says McDonnell. "Over the long run this will be a marvelous investment that we made."

The site for the the new home office is still under wraps, with locations in Arlington, Faifax and Alexandria under consideration. The new corporate headquarters is expected to open sometime in 2011.

NPR

The Glimmering Sheen Of A Wide World Seen From Inside A Bubble

The teen heroine of Nicola Yoon's debut novel, Everything, Everything, has a disorder that bars her from leaving her house. Still, her world is vast, filled with writings, drawings — and new love.
NPR

Correction: Italians And Celiac Disease

A correction to our story about gluten-free options in Italy, the land of pizza and pasta. Italian children are not routinely tested for celiac disease, as we incorrectly reported.
NPR

Donald Trump, Loyalty Pledges And The State Of The Race In 2016

NPR political editor Domenico Montanaro joins Arun Rath to recap the latest developments with the 2016 presidential hopefuls.
NPR

China Arrests Nearly 200 Over 'Online Rumors'

The rumors ranged from a man leaping to his death in Beijing over stock losses to highly inflated death tolls in the Tianjin industrial blasts.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.