Northrop Grumman picks Virginia for corporate headquarters

[mahatmakanejeeves]

Not exactly breaking news, but what I want to know is, will I have to subsidize the country club memberships for the new arrivals?

Northrop Grumman picks Virginia for corporate headquarters

By Derek Kravitz and Anita Kumar
Washington Post Staff Writers
Wednesday, April 28, 2010

For those at the negotiating table during the 100-day bidding war for Northrop Grumman's new corporate headquarters, one thing was clear from the get-go: This wasn't going to be your normal cross-country move
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Virginia is expected to give Northrop $12 million to $14 million in grants and cash incentives, with the exact amount based on which location the company chooses, said Jay Langston, senior researcher manager at the Virginia Economic Development Partnership. That amount surpasses the $4.6 million given to Hilton Worldwide and $8.5 million given to Science Applications International in recent years. McDonnell said Northrop could bring $30 million to the state in tax revenue over the next decade.

During Tuesday's announcement, McDonnell jokingly referred to the deciding factor in the Northrop discussions being Virginia's top political leader -- himself.
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About 300 employees, who McDonnell said earn an average of $200,000 per year, will be involved in the move, a mixture of workers relocating from Los Angeles and new ones hired in Washington. A summer 2011 move-in date has been targeted.
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The high-stakes competition was not without its critics. Many local government leaders expressed frustration about the public nature of Northrop's negotiations with neighboring counties, and some resisted the company's efforts to get matching cash incentives. Economic development and political officials in two jurisdictions told The Washington Post that Northrop asked for several perks during preliminary discussions, including reimbursement for moving costs and country-club memberships. The company has denied making those requests. At least one perk was included in Fairfax's final offer, those sources said: a discounted rate for space at a hangar at Dulles International Airport for Northrop's corporate jet.