HERNDON, Va., May 11, 2010 -- Northrop Grumman (NYSE:NOC) issued a Worker Adjustment and Retraining Notification (WARN) for 330 employees who support the Fort Eustis, VA Logistics Support Services on April 26, 2010.
The current contract expires June 30, 2010, and the government is currently re-competing the program. The WARN Act requires companies to provide advance notice to employees in the event of potential large layoffs.
"We're required to issue this notice by law," said Jo Garcia, Northrop Grumman Technical Services program manager for the contract.Â "With our nearly 30 years of experience supporting our warfighters here at Fort Eustis, and the local community, we look forward to continuing work on this vital contract."
Under the terms of the current contract, Northrop Grumman provides a full range of logistics services to support Fort Eustis and its tenant commands including maintenance, supply, transportation and food service.
Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.Â
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