Northrop Grumman and Teammate EADS Currently Generate Economic Activity Exceeding $25 Million Annually in Arkansas
A KC-30 Tanker Win Would Create or Support Hundreds of Direct and Indirect Jobs Throughout the State
MELBOURNE, Fla., Aug. 23, 2007 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) and its KC-30 Tanker supply base will generate significant economic activity and support 150 direct aerospace jobs in Arkansas. With a KC-30 win, Northrop Grumman and its KC-30 industry team will support hundreds of indirect jobs throughout the state and generate a combined economic impact of $31 million annually.
Northrop Grumman and teammate EADS generate economic activity exceeding $25 million annually in Arkansas. The KC-30 supplier, Triumph Fabrications in Hot Springs, employs 75 workers and generates economic activity exceeding $6 million annually. The firm will provide hardware and parts to Northrop Grumman for military conversion of the commercial aircraft.
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/