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FROM THIS EPISODE

It's one of the biggest contracts in Pentagon history. Northrup-Grumman has won the right to build 100 new stealth bombers in Palmdale, which is celebrating predictions of thousands of new jobs after years of economic decline. But, even though overruns could push production costs over $80 billion, it doesn't mean a return to the halcyon days of 25 years ago. But does the Air Force really need 100 new bombers?

Later on the program, why are Los Angeles City Council members trying to stop pot shops from signing up to pay taxes? 

Photo: Matthew Hmoud

Producers:
Paul von Zielbauer
Andrea Brody

Aerospace Comes Back to the Antelope Valley 16 MIN, 6 SEC

Even by aerospace standards, the numbers are stunning: 100 new Stealth bombers to be built in the Antelope Valley, thousands of new jobs, and all paid for with $60 billion in federal funds -- with production cost overruns likely to push that much higher. That's the economic windfall from one of the biggest contracts in Pentagon history, won by Northrop-Grumman in competition with Boeing and Lockheed. 

Guests:
William Hennigan, Los Angeles Times / Chicago Tribune (@wjhenn)
Robert Kleinhenz, Los Angeles County Economic Development Corporation (@LAEDC)
Gordon Adams, American University / Foreign Policy magazine (@Gadams1941)

More:
Hennigan on the Northrop-Grumman deal
LAEDC on likelihood that Air Force contract will boost LA County aerospace industry

LA's Mixed Message to Marijuana Dispensaries 8 MIN, 5 SEC

The City of LA is always short of money, but the City Council is trying to cut off what sounds like a potential source of revenue. It wants the City Attorney to ask the finance office to stop issuing business-tax registration certificates to newly established marijuana dispensaries. Eric Shevin is a lawyer in Sherman Oaks who specializes in marijuana regulations.

Guests:
Eric Shevin, Shevin Law Group (@shevinlaw)

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