Big Move

By Christopher J. Castelli / January 4, 2010 at 5:00 AM

Northrop Grumman announced today it will move its corporate office from Los Angeles to the Washington, DC, region by 2011. The company is searching for a location in the District, Maryland or Virginia, according to the company's statement, which says the search will be complete by spring 2010 and the new corporate office will open by summer 2011.

"As a global security company with a large customer base in the Washington, DC region, this move will enable us to better serve our nation and customers," said Wes Bush, chief executive officer and president. Northrop says the new corporate office will include about 300 people.