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Bill gives Northrop massive tax break
Bill gives Northrop massive tax break

SACRAMENTO — The state Senate has rushed to the governor a massive tax break designed to boost Northrop Grumman Corp.'s chances of landing a government contract to build next-generation stealth bombers for the Air Force. Final passage of the bill, SB 718, came late Wednesday on a 32-4 tally. It would give the giant aerospace company the same nearly $500-million incentive the state offered to the partnership of Boeing Co. and Lockheed Martin Corp. Gov. Jerry Brown signed that legislation July 10. The two rivals are the only ones expected to bid for — and have a shot at winning — the estimated $55-billion contract for the high-tech planes that would replace the...

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