Defense contractor DRS moving headquarters to Crystal City
DRS Technologies, a defense contractor that saw about $3.2 billion in revenue last year, is moving its headquarters from Parsippany, NJ, to Crystal City in Arlington County.
Giant defense contractor Northrop Grumman said Monday that it plans to move its corporate headquarters from Los Angeles to the Washington area by 2011, solidifying the growing importance of Washington as a center for the defense industry and other businesses.