It’s official: a Fortune 100 company is moving its headquarters to Northern Virginia.
At a press conference at Northrop Grumman’s Rosslyn government affairs office, Governor Bob McDonnell and Northrop president and CEO Wes Bush formally announced the decision.
Bush said the company is in “final negotiations” with building owners in Arlington and Falls Church — both within Rep. Jim Moran’s eighth congressional district — and will announce a location within a month. The new headquarters will open by the summer of 2011.
“I’ve got to say, this is certainly one of the most exciting days — and the best announcement — we’ve been able to make in a long time,” McDonnell said.
Bush said the decision to locate in Virginia largely came down to real estate and economics. The state offered an incentive package worth between $12 and $15 million to lure the company, which already employs 30,000 people in Virginia. Bush also cited the region’s proximity to its largest customer, the Pentagon.
In the end it was a “very close competition,” Bush said, adding that the mid-Atlantic “is a great region to do business.”
“This is a very exciting step for our company and we’re looking forward to being part of this community,” he said.
The headquarters will bring about 300 jobs with an average salary of $200,000 to the area, along with a number of support and contract jobs. Bush said the company is considering the possibility of relocating jobs from the Rosslyn office to the new headquarters.
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The 44th Leeway Overlee Community Day and Yard
Sale will be along the John Marshall Drive/Ohio Street greenway on
Saturday, June 3 from 9 a.m. until 1 p.m. The community will be out in
force to exchange information and greetings, sell unneeded household
items, and pick up a few bargains.
About 100 families set up tables for the festivities, which take
place along the six-block stretch of the greenway from near Langston
Blvd. to Washington Blvd. Attendance is free, but
a $10 fee will be collected from individuals and families selling
household items during the event. Ensure that all goods and rubbish are
removed from the greenway by 1 p.m. Leave dogs at home.
For more info, call 703-532-6101. If planning to sell, start labeling
your items for sale NOW! Event will take place as long as there is not
active rain. Rain date is June 10.
36TH FESTIVAL ARGENTINO
ARLINGTON JUNE 3RD, 2023
Sat, June 3rd I 3:30 pm / Shows 5:50 pm I Kenmore Auditorium I Glencarlyn
The 36th Festival Argentino USA celebrates Argentine Day and Cultural Freedom. The folkloric group Los 4 de Córdoba and 25 more artists from Argentina, World, and Solidarity Tribute, 200 years of friendship between USA and Argentina!.
Homebuying 101: Steps to Getting Pre-Approved
Are you ready to jump into homeownership or started considering it but don’t know where to start? Financial preparation is key when thinking about purchasing your first home and the first step to getting pre-approved.
Join ACFCU’s mortgage loan officers
4th of July Celebration & Fireworks
Treat yourself this Independence Day with a world-class, private 4th of July extravaganza at the Military Women’s Memorial – a premier National Capital Region site.
Great food, fun, and the best views of Washington DC’s spectacular fireworks display. Relax, enjoy,