California Hastens Tax Breaks to Lure Aerospace Industry
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California Governor Jerry Brown signed a law earlier this month granting a $420 million tax break for aerospace companies to help Boeing Co. and Lockheed Martin Corp. bid for a lucrative U.S. bomber contract.
After Northrop Grumman Corp., which also is bidding for the federal business, complained about favoritism, state lawmakers promised help for Northrop, too, when the legislature returns from vacation next month.