Northrop Brings U.S. Funds to Springs ; $2.5 Billion Missile Deal Seen As Boon for Economy

Summary

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A Colorado Springs division of defense giant Northrop Grumman Corp. landed a government contract worth as much as $2.5 billion over 10 years to continue work on a broad range of Missile Defense Agency projects, the Pentagon said Tuesday.

Almost all of the money will be spent in the Springs, giving the local economy an extraterrestrial shot in the arm and the potential for many new jobs.

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Extract

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Northrop Brings U.S. Funds to Springs ; $2.5 Billion Missile Deal Seen As Boon for Economy

The contract allows Northrop to continue its work with the Joint National Integration Center at Schriever Air Force Base imagining threat scenarios and then finding s...

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