Northrop Grumman 2010 Annual Report Download - page 33

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The following is a summary of our floor space at December 31, 2010:
Square feet (in thousands) Owned Leased
U.S. Government
Owned/Leased Total
Aerospace Systems 6,354 5,657 1,914 13,925
Electronic Systems 8,175 3,397 11,572
Information Systems 652 7,936 8,588
Shipbuilding 13,010 2,912 203 16,125
Technical Services 128 2,114 4 2,246
Corporate 967 920 1,887
Total 29,286 22,936 2,121 54,343
We maintain our properties in good operating condition. We believe that the productive capacity of our
properties is adequate to meet current contractual requirements and those for the foreseeable future.
In January 2010, we announced our decision to move our principal executive offices from Los Angeles,
California to the Washington D.C. area. In the fourth quarter of 2010, we purchased an existing 334,407 square
foot building located at 2980 Fairview Park Drive, Falls Church, Virginia, as the new location for our principal
executive offices and expect to initiate operations there in the summer of 2011. We believe this move will enable
us to better serve our customers. Although we are moving some corporate staff from Los Angeles, the state of
California remains a significant business location for us.
Item 3. Legal Proceedings
We have provided information about certain legal proceedings in which we are involved in Note 15 to the
consolidated financial statements in Part II, Item 8.
In addition to the matters disclosed in Note 15, we are a party to various investigations, lawsuits, claims and
other legal proceedings that arise in the ordinary course of our business, and based on information available to
us, we do not believe at this time that any such additional proceedings will individually, or in the aggregate, have
a material adverse effect on our financial position, results of operations, or cash flows. For further information on
the risks we face from existing and future investigations, lawsuits, claims and other legal proceedings, please see
Risk Factors in Part I, Item 1A, of this report.
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NORTHROP GRUMMAN CORPORATION