Northrop Grumman and Teammate EADS Currently Contribute $200 Million Annually in Tennessee
A KC-30 Win Will Result in a Total Economic Impact of $445 Million Annually
A KC-30 Tanker Win Would Support 3,800 Jobs in Tennessee
MELBOURNE, Fla., Aug. 24, 2007 (PRIME NEWSWIRE) -- Northrop Grumman Corporation's (NYSE:NOC) KC-30 Tanker team will support 3,800 direct and indirect jobs throughout Tennessee if the KC-30 Tanker aircraft is selected by the U.S. Air Force. The KC-30 program will generate an additional $245 million annually in economic activity in Tennessee, bringing the team's total economic impact to $445 million annually.
Northrop Grumman and teammate EADS spend more than $200 million annually in Tennessee, and, with their KC-30 supplier network, support 1,300 workers. Northrop Grumman's current workforce in Tennessee earns nearly $20 million annually.
Vought Aircraft Industries in Nashville currently produces wing structures for the highly successful commercial A330 aircraft, which serves as the platform for the militarized KC-30 Tanker.
Northrop Grumman's KC-30 Tanker supply base in Tennessee will include:
* Vought Aircraft Industries, Nashville, Tenn. - A330 wing structure * Aircraft Safety, Memphis, Tenn. - Interior smoke barriers
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/