Official Announcement from Wes Bush

This came from a Northrop Grumman employee who thought I was interested in this:

If you have access to the Company Intranet, you can also view this message at the following location: http://home.northgrum.com/comm/comm_execs.html.

July 12, 2010

MFCP 10-17

Site in Falls Church, Virginia Selected for New Corporate Office

To My Colleagues:

I am pleased to announce our selection of a building in Falls Church, Va. as the new home for our corporate office. Northrop Grumman has entered into an agreement to purchase the building located at 2980 Fairview Park Drive following a thorough site selection process. We plan to open the new office in the summer of 2011.

The building is located approximately 10 miles from the Pentagon, just inside the Capital Beltway (Interstate 495). It will accommodate employees from both our Los Angeles Corporate Office and Washington Operations facility in Arlington, Va.

I want to recognize the members of our relocation team for their efforts in identifying an excellent site, and for continuing to assist our Corporate employees who are making significant personal and professional changes as a result of this move.

I also want to thank our Corporate employees for their continued cooperation during this time of change, and I ask for everyone’s support as we move forward with the relocation. This is an important step in our drive to achieve sustainable performance improvement and deliver increased value to our shareholders, customers and employees.

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Wes Bush

Chief Executive Officer and President

MY TAKE on this DOWN-SIZING is this:

That means A LOT of folks in Century City are not being asked to go to Virginia - remember what I wrote based on the Daily Breeze article April 27, 2010?

In reading the Daily Breeze article, NOTICE the DOWN-SIZING that Northrop Grumman is undergoing:

- Current Century City headquarters has about 360 people

- New location will have about 300 people

OBVIOUSLY not all of the current 360 people are being asked to move to Virginia. ALSO, how many people will be hired from the "local talent"?

How many folks from the Washington facility are part of the 300?

The more Washington folks there are, the less Century City folks beyond the obvious 60 there will not be.

Disclaimer: SORRY - This is only what I know from my point of view. No lies, just what I see as the truth.