Monday, February 9, 2015
New Stealth Bomber Could Jump the Palmdale and Lancaster Economy Spring 2015
News reports indicate a big Pentagon Project which could be awarded to Palmdale, Ca. Northrop Grumman. They are bidding to make the New Stealth Bomber. Each plane could cost $550 million or more to make. Grumman already has a facility building the earlier bomber at Plant 42. Grumman and Palmdale, Ca. are in competition with Boeing on the project. This means more jobs for Antelope Valley. News reports also indicate that Sacramento legislators have passed bills to provide tax breaks for Lockheed and Grumman last summer in hopes on getting the deal. LA Times quotes Palmdale Ca. Mayor "They've indicated that they can’t talk about it but he can," Mayor James Ledford said the prospects look good. Northrop executives have said they would build substantial parts of the company's proposed bomber in Palmdale, he said, creating an estimated 1,500 jobs. Rival Lockheed Martin Corp. who is a subcontractor to Boeing Co. indicated it also plans to work on a new warplane in Palmdale, Mayor Ledford said. That means more jobs. Military officials say they want the plant to be built for $550 million each, and not the $1 Billion a plane as in the past. Sources indicate their budget is $1.2 Billion per plane, and they want to build 100 new planes starting this spring. Both Grumman and Lockheed have a track record of going over budget. Antelope Valley has a long history with high tech planes. The B-2 was built here, as well as the first Stealth Bomber, U-2 spy plane, and the F-117 stealth fighter. There has been a lot of jobs in Palmdale and LA County from aerospace through the decades of the Cold War. Even today Virgin Galactic tests their space rocket just north in Kern County at Edwards Air force Base. Winning this project will certainly help the local economy and these engineers will have to buy a home and later invest in their community.