Northrop Grumman picks Northern Virginia for new home
State edges out Virginia, District of Columbia in bid to host headquarters of one of the largest federal contractors.
Northrop Grumman announced Monday evening that the company had selected Northern Virginia as the site of its new corporate headquarters.
Virginia edged out Washington, D.C., and suburban Maryland to become the company's new home.
"Our final decision was driven largely by facility considerations, proximity to our customers, and overall economics," said Wes Bush, Northrop's chief executive officer and president.
The company said it was negotiating with the owners of several buildings in the Falls Church and Arlington areas, and expects to announce the specific building it will occupy soon. Northrop officials plan to move about 300 headquarters staff into the new facility in the summer of 2011.
Northrop Grumman currently employs about 40,000 people in Virginia, Maryland, and Washington. It has a total of 120,000 employees.
The company announced in January that it would move its headquarters from Los Angeles to Washington. About 30,000 employees will continue to work in Los Angeles after the move.
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