MELBOURNE, Fla., Dec. 4, 2007 (PRIME NEWSWIRE) -- Northrop Grumman Corporation's (NYSE:NOC) KC-30 Tanker team will generate economic activity approaching $40 million annually and create more than 570 direct and indirect jobs in Indiana if the KC-30 Tanker aircraft is selected by the U.S. Air Force.
Northrop Grumman and the KC-30 supply chain in Indiana currently support more than 4,600 jobs statewide and generate a combined economic activity exceeding $370 million annually.
Northrop Grumman and teammate EADS spend more than $63 million annually in Indiana, while KC-30 supplier companies inject more than $296 million into the economy each year. Northrop Grumman's current workforce in Indiana represents more than $10 million in annual salaries.
Northrop Grumman's KC-30 Tanker supply base in Indiana will include:
Alcoa; Lafayette, Ind. Honeywell; South Bend, Ind. BAE Systems; Fort Wayne, Ind. L&E Engineering; Greenwood, Ind. Morris Machine; Indianapolis, Ind. Praxair Surface Technologies; Indianapolis, Ind. Reeder & Kline Machine; Carmel, Ind.
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