Major defense contractor Northrop Grumman said it plans to move its headquarters from El Segundo to the Washington D.C. area by 2011. The Washington Post reports the company is looking for a site somewhere around the nation’s capital and plans to identify one in the next few months. This move will benefit the economy in the D.C. region, but it represents yet one more blow to California’s bruised economy.
"As a global security company with a large customer base in the Washington, D.C. region, this move will enable us to better serve our nation and customers," Northrop chief executive Wes Bush said in a statement. Northrop is the father of the proposed KC-45 tanker, the in-flight refueling aircraft that was the subject of a big fight with rival Boeing, according to the Washington Post.
Read more here.
January 5th, 2010 at 12:00 am
The Toyota car plant closes, Northrop flees California, the affable “blow up the boxes” leftie governor announces cutting welfare to the bone….read all about it….
Liberals wanted a service economy run by blood sucking attornies and parasite lobbyists….they got it.
Haiti has two employment generators….the military and government workers who consume billions in foreign aid while there citizens grovel in the streets… South American tin pot governments give huge retirement benefits to government workers while citizens sip soft drinks in front of 1960’s tv’s watching deplorable soap operas…
Sound familar…??? Your future?
January 5th, 2010 at 12:00 am
This has little or nothing to do with CA issues.
Why fly to DC all the time when you can be in the area?
Bill Wiese
San Jose CA
January 5th, 2010 at 12:00 am
Nothing to do with California….tell that to the businesses in the immediate area to Northrop. Only liberals cannot connect the dots. Dah!!!!
January 5th, 2010 at 12:00 am
Its one thing for the corp office to move but the manufacturing has been moving away for decades, going to states that let you build things and turn a profit.