Which Way, L.A.?
Will a New Pentagon Program Lift the LA Economy?
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.Does that mean a return to the halcyon days of 25 years ago? Does the Air Force really need 100 new bombers?
By Warren Olney • • 24m ListenIt'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
In this episode
2 storiesAerospace Comes Back to the Antelope Valley
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.
Read the story16 minLA's Mixed Message to Marijuana Dispensaries
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.
Read the story8 min
