Business

May 9, 2014

Defense contractor announces major Florida expansion

AP

Defense contractor Northrop Grumman, spurred on by millions in cash incentives from the state of Florida, announced plans May 8 for a major expansion of its already-existing operations in the state.

While the company did not specify exactly what it would be doing, U.S. Sen. Bill Nelson said the company will design and build the next generation of B-2 bombers there.

“This is huge,” Nelson said in a statement. “The development and assembly of America’s long-range strike aircraft in Melbourne, Fla., is a new beginning for the Space Coast.”

The company plans to create an additional 1,800 jobs and spend up to $500 million on the expansion of its Manned Aircraft Design Center of Excellence along the state’s Atlantic coast.

The first phase will begin with a new 220,000-square-foot office building and the addition of 300 jobs. That will be followed up with the construction of additional facilities totaling 500,000 square feet and 1,500 additional jobs. A company spokesman said the first phase should begin in the “coming months.” The state’s economic development agency said the jobs associated with the second phase are to be created by 2020.

In exchange, the state has agreed to give the contractor nearly $21 million in cash. Northrop Grumman also gets additional incentives including the waiver of local property taxes.

“We’re extremely appreciative of the support we’ve received from the state of Florida and the local community in our continuing effort to drive our affordability and competitive position,” said Tom Vice, a Northrop Grumman corporate vice president in a statement. “This expansion further cements our strong partnership with Florida, and will greatly benefit our employees, customers, and shareholders.”

The project designated for Melbourne International Airport marks one of the largest single economic development projects approved during Rick Scott’s tenure as governor. State legislators in March approved the state incentives for what was then called “Project Magellan” and agreed to keep the details confidential.

Scott in a statement called the announcement a “huge win” for the state and Florida’s Space Coast region located around Cape Canaveral.

This is the second Florida project the contractor has announced in the last 14 months.

Last year Northrop Grumman, based in Falls Church, Virginia, announced it planned to bring more than 1,000 aerospace jobs to the state to facilities in St. Augustine and Melbourne. The state pledged more than $10 million in incentives for that project.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines December 19, 2014

News: SpaceX’s attempt to land rocket on floating barge postponed - It’s set to be one of the most groundbreaking moments in humanity’s six decades of space exploration. Obama signs $1.1 trillion spending bill into law - President Obama signed the $1.1 trillion federal spending measure into law Dec. 16, officially ending any threat of a government...
 
 

News Briefs December 19, 2014

Trial set for ex-Navy engineer in military secrets case A former Navy civilian engineer is scheduled to stand trial next summer on charges of trying to steal aircraft carrier schematics. Media outlets report that 35-year-old Mostafa Awwad of Yorktown, Va., pleaded not guilty Dec. 17 to two counts of attempted exportation of defense articles and...
 
 
Army photograph by C. Todd Lopez

Army to launch cruise missile-detecting aerostat at Aberdeen Proving Ground

Army photograph by C. Todd Lopez The Army plans to launch an aerostat, part of the “Joint Land Attack Cruise Missile Defense Elevated Netted Sensor,” in late December 2014. The JLENS aerostat will be tethered to the...
 

 
Air Force photograph by SrA. Jordan Castelan

AF delivers Iraqi F-16s for training in US

Air Force photograph by SrA. Jordan Castelan Iraqi air force captain Hama conducts preflight inspections while inside a new to service Iraqi F-16 Fighting Falcon Dec. 17, 2014, located at the nearby Tucson International Airport...
 
 
Air Force photograph by SSgt. Derek VanHorn

Short-notice: A new way to exercise

Air Force photograph by SSgt. Derek VanHorn Airmen from Kadena Air Base, Japan, prepare for an aeromedical evacuation exercise on a KC-135 Stratotanker Dec. 5, 2014, at Misawa Air Base, Japan. The operation was executed in supp...
 
 
Lockheed Martin photograph by Andy Wolfe

Japan, Australia to provide F-35 maintenance sites in Pacific region

Lockheed Martin photograph by Andy Wolfe An F-35C Lightning II joint strike fighter carrier variant prepares to launch from the aircraft carrier USS Nimitz in the Pacific Ocean, Nov. 6, 2014. Japan and Australia will be sharing...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>