Leggett Reacts to Northrop Grumman Decision

Following is a statement by County Executive Ike Leggett on Northrop Grumman's decision to locate its headquarters in Virginia instead of in Maryland.

Statement by County Executive Isiah Leggett on Northrop Grumman Decision

April 26, 2010

I am disappointed that Northrop Grumman, one of the world's leading technology and security companies, did not choose to relocate its headquarters to Montgomery County.

Montgomery County, led by our Department of Economic Development, worked closely with Governor O'Malley's office, the Maryland Department of Business and Economic Development, and our commercial real estate sector to attract Northrop Grumman and help them realize that a Montgomery County location was indeed the best East Coast location for them to grow and prosper.

Unfortunately, we were not successful, but Montgomery County remains the economic engine of Maryland and a leading contributor to the region's economic vitality. We remain steadfast in our resolve to support and grow our nearly 3,000 IT/telecom companies and nearly 300 biotech companies and will continue to market and position Montgomery County as a location of choice for new and expanding companies. Recent initiatives like the County's decision to move ahead with The Great Seneca Science Corridor Plan and recent passage of a local biotech investment tax credit are just some of the innovative, progressive steps the County is pursuing to remain a regional economic driver now and into the future.

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