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California bill would provide bomber tax credit for Northrop Grumman
California bill would provide bomber tax credit for Northrop Grumman

With almost no debate, the state Assembly on Monday unanimously approved a nearly half-a-billion dollar potential tax credit for Northrop Grumman Corp. should it win a new Air Force bomber contract and build the aircraft in California. It now is back in the state Senate, where a similar result is expected next week before the proposed legislation goes to the governor for his expected signature. The bill is being rushed through the Legislature after it became apparent in June that lawmakers were about to approve a potential tax break for Lockheed Martin Corp., which together with Boeing Co., is competing for the same defense contract. Gov. Jerry Brown signed the Lockheed measure July 10....

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