The $62 million incentive deal Gov. Larry Hogan and Montgomery County Executive Ike Leggett promised Marriott for building a new headquarters in Maryland ultimately came together in about a month last year, Marriott CEO Arne Sorenson said Tuesday.
Gov. Larry Hogan and the Democratic leaders of the General Assembly unveiled a compromise Tuesday that will provide $20 million to Northrop Grumman Corp. and an equal amount to alleviate the cost of teacher pensions for local school systems.
Marriott International said Tuesday it plans to commission new offices for its headquarters and build a hotel in downtown Bethesda, keeping its base in Maryland after securing incentives from the county and state worth about $60 million.
Northrop Grumman Corp would receive millions over the next five years in an incentive pushed by the Hogan administration, on top of $20 million lawmakers already intend to award the defense contractor for staying in Maryland.
Supporters of Gov. Larry Hogan's proposal to give Northrop Grumman $20 million to keep its headquarters in Maryland say the state is protected if the firm were to move, downsize or go out of business. The deal is structured as a loan that would be forgiven only if the firm meets certain conditions. But if Northrop Grumman failed to meet those terms, it's unlikely the state would recoup all of its money.
The Coast Guard has no rules to govern the operation of underwater drones in the Chesapeake Bay, a spokesman said Friday, but it does try to keep track of who is using unmanned submarines in U.S. waters.
Century High School senior Katie Biggs has spent her high school career participating in STEM fields, from robotics to engineering, and plans to continue to hone those skills at Virginia Tech in the fall. In the meantime, she'll spend her summer at a Northrup Grumman internship.
Amanda Bilger says school has always come easy for her, but that doesn't mean she has breezed through Dulaney High School. Now a senior, she took the tough courses, helped the schools VEX Robotics Club qualify for three world competitions, sang in Dulaney's a capella chorus and tutored other kids at school. A newly named National Merit Scholarship winner, Bilger decided only at the end of April to attend Drexel University in Philadelphia in the fall. She has set her sights on a degree in
The aerospace-and-defense giant Northrop Grumman says it is out $11 million, thanks to an allegedly fraudulent billing scheme carried out for a decade by a Maryland company, JADM, Inc., run by Columbia resident Rolf Ramelmeier.
Officials with the Maryland Jockey Club said they are working on new plans for the future of their three Maryland horse racing facilities: Laurel Park, Pimlico Race Course and a training center in Bowie.
With food coming off the grill and going into Styrofoam containers, the food truck business is smokin' hot, sparking a nationwide culinary revolution. Over the last decade, the action has rolled south from Baltimore and north from Washington to Laurel, teasing and tantalizing discerning palettes from dawn to dusk.
University of Maryland, College Park President Wallace Loh has made it his top priority to remake the college into a hub of innovation and entrepreneurship, pushing the strategy not just in the business school but in almost every corner.
A week after the University of Maryland was the victim of a data breach, President Wallace D. Loh announced Tuesday that he is extending free credit protection services to the 309,000 students, alumni and employees affected from one to five years and forming a task force to identify any other vulnerabilities.
John P. O'Brien, a manufacturing supervisor who was also a charter boat captain, died Sunday of amyotrophic lateral sclerosis, more commonly known as Lou Gehrig's disease, at his Severna Park home. He was 56.
By By Frederick N. Rasmussen and The Baltimore Sun