MELBOURNE, Fla., Oct. 4, 2007 (PRIME NEWSWIRE) -- Northrop Grumman Corporation's (NYSE:NOC) KC-30 Tanker team will generate economic activity nearing $40 million annually and create 1,800 direct and indirect jobs in New Mexico if the KC-30 Tanker aircraft is selected by the U.S. Air Force.
"I enthusiastically support this effort not simply for its value to New Mexico's economy, but also for its value to the entire Southwestern region of the United States, the U.S. Air Force and our national security," said Fred Mondragon, Cabinet Secretary of New Mexico's Economic Development Department.
Northrop Grumman, EADS, and the KC-30 Tanker supply chain currently support nearly 2,200 jobs statewide and generate a combined economic activity approaching $600 million annually.
Northrop Grumman and teammate EADS invest nearly $60 million annually in New Mexico, while KC-30 supplier companies inject $180 million into the economy each year. Northrop Grumman's current workforce in New Mexico represents more than $32 million in annual wages.
Northrop Grumman's KC-30 Tanker supply base in New Mexico will include:
* GE; Albuquerque, N.M. -- CF6 engine sub-assemblies * Mach2 Machining and Manufacturing; Albuquerque, N.M. -- CF6 engine sub-assemblies * Sun Country Industries; Albuquerque, N.M. -- CF6 engine sub-assemblies * Honeywell; Albuquerque, N.M. -- Radio Management Systems
The KC-30 Tanker aircraft will be assembled in Mobile, Ala., and the KC-30 team will employ 25,000 American workers at 230 U.S. companies. It will be built by a world-class industrial team led by Northrop Grumman, and includes EADS North America, General Electric Aviation and Sargent Fletcher.
About the KC-30: Northrop Grumman's KC-30 Tanker carries 45,000 more pounds of fuel than a KC-135 or any competitor, providing a significant boost to the U.S. Air Force's global reach. The KC-30 is also designed to refuel Navy and coalition aircraft, and to serve as a multi-role transport aircraft to move passengers, cargo and medical evacuation patients. The KC-30 incorporates defense systems, precision fly-by-wire technology, and the ability to integrate a communications suite and a global support network.
Northrop Grumman Corporation is a $30 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.
CONTACT: Randy Belote Northrop Grumman Corporation (703) 875-8525 email@example.com Tim Paynter Northrop Grumman Integrated Systems (321) 961-1101 firstname.lastname@example.org Northrop Grumman - EADS North America - GE Aviation - Sargent Fletcher http://www.northropgrumman.com/kc30/