Search This Blog

Saturday, November 12, 2005

Northrop plant in line for $148 million deal, 150 new jobs

The Navy and Northrop Grumman are excited about a potential Christmas present from the federal government: nearly $148 million to build and test submarines for clandestine SEAL operations at the company's Bay Bridge plant.

Congress is poised to approve the money, which would boost a project that's been in jeopardy for more than two years since the first prototype was delivered to the fleet.

The project would lead to an expansion of Northrop Grumman's Oceanic & Naval Systems group facility and create about 150 new jobs.

Northrop officials said the Navy's order could include up to five subs, which a defense analyst said could cost roughly $200 million each.

Read more

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.