Northrop Grumman says it plans to move its corporate offices from L.A. to the Washington D.C. area by sumer 2011. The company is currently searching for a location in the Maryland and Virginia suburbs.
The corporate office will include approximately 300 people.
Northrop's biggest customer is the Pentagon. In a statement, Wes Bush, Northrop's CEO and president, stated, "As a global security company with a large customer base in the Washington D.C. region, this move will enable us to better serve our nation and customers."
The company says it will continue to have a substantial presence in California, with roughly 30,000 employees here which amounts to a quarter of Northrop Grumman's worldwide employment. Officials say that the move is not about reducing the focus in California but simply about moving its main offices closer to its key customer.