"While we have continued to make good progress on the missile and the support and sustaining equipment, we are focused now on bringing the command and launch [portion] to that same level of maturity and design," said Northrop CEO Kathy Warden.
The six largest US defense firms all reported quarterly results this week, and the potential impact of tariffs was front and center.
Michigan’s defense ecosystem and expertise makes it a special asset for production.
Losses for the B-21 Raider program now stand at more than $2 billion.
The transaction is expected to close mid-year 2025, the companies said in a statement announcing the deal.
In addition, CEO Kathy Warden says the company sees a chance to sell up to five Triton UAVs to the NATO alliance.
Chief Executive Officer Kathy Warden said that despite cost growth for the company’s Sentinel ICBM program, the company’s “near-term assumptions” of its sales and profitability are not “materially impacted.”
Cybersecurity skills must evolve in near-real time as Zero Day threats continue and AI provides new challenges.
Northrop CEO Kathy Warden did not rule out working on the Air Force's NGAD as a secondary partner, and indicated the company is still interested in the Navy's next-gen fighter.
“When people see the exterior of the B-21, it will be very similar to the B-2,” Kathy Warden said in an interview with Breaking Defense. “The real differences are inside of the platform."
Companies like Raytheon and Northrop Grumman have already increased hiring, anticipating a reduction in its workforce due to the coronavirus vaccine mandate.