This just in: Northrop Grumman has purchased 2980 Fairview Park, near the corner of the Beltway and Route 50 in Fairfax County to house its corporate headquarters when it relocates from California. The defense contracting company is expected to bring 300 high-paying executive level jobs to Fairfax, a move courted heavily by Gov. McDonnell.

Earlier, Northrop Grumman announced that it had selected Virginia over Maryland and DC for its corporate offices. Fairfax, Arlington and Alexandria were considered the frontrunners to land the mammoth company’s headquarters.

Read more in Virginia Business.