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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Northrop Grumman Corp Holding Co | NYSE:NOC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.46 | -0.09% | 485.76 | 488.0623 | 483.53 | 486.45 | 164,917 | 17:13:15 |
GRAND FORKS, N.D., April 16, 2015 /PRNewswire/ -- In partnership with local leadership, Northrop Grumman Corporation (NYSE: NOC) confirmed its dedication to the future of unmanned systems development in the Red River Valley region by signing a lease agreement to anchor the new Grand Sky Technology Park in Grand Forks County.
Northrop Grumman is working to identify specialized opportunities for the Grand Sky facility. The opportunities, as permitted by the lease, will allow employees to do general office work, research and development, flight test, flight training, flight operations, hangar activities, light manufacturing, assembly operations and warehouse operations. The signed lease permits Northrop Grumman to complete its initial designs and plans for the new facility on ten of the approximately 217 acres that will make up the Technology Park on Grand Forks Air Force Base.
"Northrop Grumman remains committed to bringing innovative programs in industry, education and research to the region," said Tom Vice, corporate vice president and president, Northrop Grumman Aerospace Systems. "Northrop Grumman is proud of our strong relationship with the State of North Dakota and we look forward to a long and mutually beneficial working relationship."
Northrop Grumman designed and manufactures the RQ-4 Global Hawk high-altitude, long-endurance unmanned aircraft system flown out of Grand Forks Air Force Base.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cyber, C4ISR, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/northrop-grumman-to-expand-north-dakota-presence-300066935.html
SOURCE Northrop Grumman Corporation
Copyright 2015 PR Newswire
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