Today, the Utah Governor’s Office of Economic Opportunity awarded Northrop Grumman a post-performance tax reduction for its expansion in Utah. The corporate incentive is part of the state’s Economic Development Tax Increment Financing program (EDTIF). As part of the agreement, Northrop Grumman projects to add over 1,200 new, high-paying jobs with a continued investment in Utah during the next 20 years.
This announcement was an incentives-focused continuation of EDCUtah’s previous Project Unity.