Site Meter
Home » Archives » Northrop Grumman Picks Northern VA for New Headquarters

Northrop Grumman Picks Northern VA for New Headquarters

VA Gov. Bob McDonnell announced today that Northrop Grumman Corp. has officially selecting Northern Virginia over Maryland and Washington, D.C., for its headquarters site, a move that will create 300 jobs.

“The foremost priority of our administration is creating new jobs and getting our economy back on track. Today’s announcement that Northrop Grumman, a Fortune 100 company, is moving to Virginia is a major step forward in this effort,” McDonnell said.

Northrop Grumman is a defense giant with 120,000 employees in aerospace, shipbuilding and technical services to government and commercial customers worldwide.

In a close contest since the company announced in January that it was moving its headquarters from Los Angeles, Loudoun County, MD was briefly considered as was Washington D.C., and other counties in Maryland. After a four-month search, Falls Church, Arlington and Alexandria reportedly are the remaining contenders for the headquarters facility. All of the sites under consideration would place the corporation close to the Pentagon.

“Virginia, Maryland and the District put forward compelling, competitive offers,” said Wes Bush, chief executive officer and president of Northrop Grumman.  “Our final decision was driven largely by facility considerations, proximity to our customers, and overall economics.”

Gov. McDonnell told WTOP radio that Virginia will give Northrop Grumman about $14 million in grants and cash incentives.

email

About The Author

Number of Entries : 1593

Leave a Comment

© 2014 Business Facilities Magazine | Group C Media | Privacy Policy | Terms Of Use