Northrop Grumman and Teammate EADS Currently Generate Economic Activity of $600 Million Annually in Louisiana
KC-30 Suppliers in Louisiana Generate Economic Activity Approaching $12 Million Annually
MELBOURNE, Fla., Aug. 23, 2007 (PRIME NEWSWIRE) -- Northrop Grumman Corporation's (NYSE:NOC) KC-30 Tanker team will generate economic activity and support aerospace jobs in Louisiana if the KC-30 Tanker aircraft is selected by the U.S. Air Force. Northrop Grumman and KC-30 teammate EADS generate a combined direct and indirect economic activity of $600 million annually.
Northrop Grumman and the KC-30 industry team support more than 5,500 jobs throughout the state and inject $265 million in employee salaries into the economy each year. Louisiana's KC-30 supply chain brings nearly $12 million to the economy annually.
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.