“Giant defense contractor Northrop Grumman said Monday that it plans to move its corporate headquarters from Los Angeles to the Washington area by 2011.
Executives at the company said they are looking for a site in Maryland, Virginia or the District and plan to identify one by spring 2010.
The move of its headquarters will involve about 300 of the company’s 120,000 employees around the world.
Northrop, whose biggest customer is the Pentagon, makes military planes, tanks, ships and other equipment. It currently has about 40,000 employees in the D.C. region.”
Full Story: http://www.washingtonpost.com/wp-dyn/content/article/2010/01/04/AR2010010402643.html?hpid=topnews