Chesapeake Defense Brochure 2

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a Tactical Advantage Known By The Companies We Keep Known By The Companies We Keep Call 757-382-8040 for more information. www.yeschesapeake.com

Transcript of Chesapeake Defense Brochure 2

Page 1: Chesapeake Defense Brochure 2

a Tactical Advantage

KnownByThe Companies We Keep™

KnownByThe Companies We Keep™

Call 757-382-8040 for more information.www.yeschesapeake.com

Page 2: Chesapeake Defense Brochure 2

Chesapeake is proud to be home to some of the world's most respected

defense, intelligence and security organizations including General

Dynamics, Northrop Grumman, EDO Systems and Lockheed Martin.

We have become a central point for defense contractors and

engineering firms and their suppliers.

Our great city offers an unmatched and experienced military community

as a resource for employers. Chesapeake’s labor pool with military

training possesses valuable “soft” skills including:

quick learning curve, self-discipline,

teamwork mentality, leadership, decision-

making skills and performance under

pressure. Located in close proximity

to Washington, D.C. and within a

few miles of the some of the world's

most significant Navy, Air Force,

Marine, Army and Coast Guard bases,

Chesapeake is the perfect location

for defense and intelligence companies

and their suppliers.

Our economic development team is

at your service to provide additional

information.

Sincerely,

Warren Harris

Director

Chesapeake Economic Development

A Proud Tradition • Home to the word's leading defense, intelligence and homeland security companies

• Largest international business community south of Washington, D.C.

• Second largest technology business center on the Eastern Seaboard

• Ranked as one of the region's most technologically connected cities

• Home to over 50% of the region's international firms

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Key Facts

In Good CompanyEDO Corporation with offices

in Chesapeake, Virginia supplies highly engineered products for governmentsand industry worldwide, including advanced electronic, electromechanicaland information systems and engineered materials critical to the missionsuccess of its customers. The Company's Defense Segment provides integrated front-line war fighting systems, including radar countermeasuresystems, reconnaissance and surveillance systems, aircraft weapons suspension and release systems, mine countermeasures systems, andintegrated combat systems and sonar systems

EDO Combat Systems

General Dynamics, headquartered in Virginia, with offices in Chesapeake, Virginia employs approximately70,800 people worldwide and had 2004 revenue of $19.2 billion. Thecompany is a market leader in mission-critical information systems andtechnologies; land and expeditionary combat systems, armaments andmunitions; shipbuilding and marine systems; and business aviation.

General Dymanics

Lockheed Martin with offices inChesapeake, Virginia employs about 130,000 people worldwide and isprincipally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services.The corporation reported 2004 sales of $35.5 billion.

Lockheed Martin

Northrop GrummanCorporation is a global defense company with offices located in Chesapeake,Virginia. Northrop Grumman provides a broad array of technologicallyadvanced, innovative products, services and solutions in systems integration,defense electronics, information technology, advanced aircraft, shipbuilding,and space technology. The company has more than 125,000 employeesand operates in all 50 states and 25 countries and serves U.S. and international military, government and commercial customers.

Northrop Grumman

Page 3: Chesapeake Defense Brochure 2

DefenseContractingChesapeake is served by a world class transportationnetwork, giving Chesapeake businesses easyaccess to world markets. Chesapeake is within750 miles of two-thirds of the U.S. population andindustrial activity.

• Located at the center of the Eastern Seaboard

• Excellent highway, railroad and airport access

• Nearby International Airport offers over 250 daily flights.

• Two general aviation facilities provide corporate flight service within the city.

• Class-one rail service is provided by Norfolk Southern Corporation and CSX Corporation

• Chesapeake comprises over 120 miles of commercial waterfront, including 12 miles of deep draft channels and over 1,000 acres of land with foreign trade zone designation

• Access to the Atlantic Ocean through the Port of Hampton Roads, one of the world's largest and busiest, natural harbors

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In addition to Chesapeake's tremendous natural advan-tages of strategic location and abundant land, the city'spro-business government works hard to optimize thebusiness environment. Foreign trade zones, enterprisezones and a favorable tax structure are just a few of theways this is accomplished.

Chesapeake is in the top eight of U.S. Cities for interna-tional business investment and is the largest internationalbusiness community South of Washington D.C. Thecommunity is the second largest technology businesscenter in Virginia and has one of the fast-growing

manufacturing sectors in the region. The HamptonRoads area is home to the second busiest cargo marineport on the U.S. East Coast and is in the top 10% of U.S.metropolitan areas for technology employment.

Over 50% of the international firms doing business inHampton Roads are located in Chesapeake wit two federalresearch laboratories within 30 minutes and the thirdlargest marine research and education center in the U.S.

Chesapeake offers advanced university & governmentresearch programs in defense, security and intelligence.

An Internationally Connected WorkforceCHESAPEAKE WORKFORCE DEMOGRAPHICS

C o l l e g e E d u c a t e d - 7 2 . 5 %

Retired Military - 7.8%

Skilled Labor - 2.6%

Other - .8%

Technically Trained- 7.0%

C o m p u t e r L i t e r a t e - 5 . 9 %

I n d e p e n d e n t C o n t r a c t o r - 3 . 3 %