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Northrop Grumman: 48,000 Jobs Supported

Northrop Grumman: 48,000 Jobs Supported

Northrop Grumman says the tanker contract will support 48,000 jobs across the nation. Click for the full text of their release.


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LOS ANGELES -- March 11, 2008 -- Northrop Grumman Corporation
(NYSE:NOC) announced today that as a result of winning the KC-45A
tanker program, its 230 suppliers, located in 49 states, have completed
a careful review of their employment projections and determined that
America's industrial base will expand by 48,000 direct and indirect new
jobs. None of these U.S. jobs will move to Europe. This total does not
include additional jobs that will be created in the U.S. with the
future production of commercial A330 freighter aircraft in Alabama.

"In the early stages of the proposal process, we employed a
conservative model developed by the U.S. Department of Commerce to
estimate the number of jobs our offer would generate," said Paul K.
Meyer, Northrop Grumman vice president of Air Mobility Systems and
KC-45A program manager. "Having won the program we have received more
detailed data from our U.S. supplier base and have applied a U.S.
Department of Labor employment projection model that includes an
indirect job multiplier factor. This factor uses specific regional and
state job projection criteria, providing a more accurate job projection
number."

Four new factories will ultimately be built in the United States to
support the Northrop Grumman KC-45A program. Northrop Grumman and its
primary subcontractor EADS will each build one manufacturing facility
in Mobile, Ala., creating more that 1,500 direct new jobs. EADS and
Sargent Fletcher, producer of the KC-45A's refueling system, will build
a new production facility in West Virginia and create 100 direct new
jobs. General Electric is considering locating final assembly of KC-45A
engines in a new facility to be located in Evendale, Ohio.

"The KC-45A win not only brings economic vitality to Alabama, it also
contributes to a new aerospace corridor in the southeastern United
States and will increase U.S. competitiveness in the global aerospace
market," said Alabama Congressman Jo Bonner.

Northrop Grumman Corporation is a $32 billion global defense and
technology company whose 120,000 employees provide innovative systems,
products, and solutions in information and services, electronics,
aerospace and shipbuilding to government and commercial customers
worldwide.

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