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LABJ Poll
What do you think about increases in parking fines and traffic tickets, plus more red light cameras?
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  That's OK. Just obey the law.
  No. Higher fines and increased enforcement are becoming too costly for too many people.
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Northrop Wins Air Force, National Guard Contracts

Los Angeles Business Journal Staff

Northrop Grumman Corp. said Friday it won a $303 million contract to build five unmanned aircraft systems for the U.S. Air Force. The Los Angeles defense contractor also was awarded a $50 million U.S. National Guard training contract.

Northrop will build five Global Hawk unmanned aircraft systems for the 303d Aeronautical Systems Group at Wright Patterson Air Force Base in Dayton, Ohio. The company also will build a ground station at the base for the planes.

The Global Hawk can send near real-time reconnaissance data and fly at altitudes of more than 60,000 feet for more than 32 hours, the company said.

In the five-year training contract, Northrop will support planning and execution for education, training, exercises and assessments for the National Guard Bureau headquarters.

Shares were up 2 cents, or less than 1 percent, to $54.52 in midday trading on the New York Stock Exchange.


  February 8 - 14, 2010
LA Business News
Convention-al Appeal
New downtown hotels and a bustling L.A. Live scene are hailed as big convention business boosters.
Owner Back in the Saddle at Santa Anita Race Track
A deal with creditors will allow owner Frank Stronach to hold on to the reins of Santa Anita Park.
Unions Dropping Anchor in Long Beach?
The Port of Long Beach’s use of project labor agreements may maroon nonunion contractors.
Local Latinos Make Chinese Connection
A contingent of Latino officials from L.A. cities overcame culture clash on a recent trip to China.
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