Unsurprising news today from the Washington Post:
Northrop Grumman moving HQ to Washington D.C. by 2011
Major defense contractor Northrop Grumman said it plans to move its headquarters from Los Angeles to the Washington D.C. area by 2011.
The company is looking for a site in the region and plans to identify one by spring 2010.
This doesn’t mean a lot of new jobs for the region — the company plans on moving about 300 people of the 120,000 who work worldwide for Northrop — but it is a big catch for the region and a tough image blow, at least in prestige, for the battered California 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 a statement.
Northrop is the father of the proposed KC-45 tanker, the inflight refueling aircraft that was the subject of a big fight with rival Boeing.
– Frank Ahrens
I don’t get it. Isn’t the United States government their “Customers?” They are simply following the money…
