Northrop Grumman Inc. is moving its headquarters to the Virginia suburbs of Washington, close to its main customer.
Virginia beat out Maryland and the District of Columbia to host the defense giant. Gov. Bob McDonnell confirmed the news last night and said in a statement that the move will create 300 jobs in Virginia.
“To gain the …

Flanked by Democratic and Republican lawmakers and Northern Virginia technology and business leaders, Gov. Bob McDonnell signed into law Tuesday a number of bills from his successful “Jobs and Opportunity” legislative agenda that received broad bipartisan backing in the recent General Assembly session.

RICHMOND – At a morning news conference at the State Capitol, Virginia Governor Bob McDonnell, joined by legislators from both sides of the aisle, introduced his “Jobs and Opportunity Agenda.” The legislative package consists of 20 pieces of legislation, as well as previously announced budget amendments, all focused on spurring job creation, promoting economic development …

Notwithstanding the state’s $4.2 billion shortfall, he vowed to double the Governor’s Opportunity Fund – a source of grants to entice businesses to move to the state – to $20 million a year. As of 2005, a similar fund in North Carolina was three times as large, McDonnell said. “No wonder we’re getting beat,” he said last week…