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BRIEF-Northrop Grumman CEO sees delays in getting things on contract in Q1 as co looks at U.S. admin transition - Citi’S 2025 Global Industrial Tech & Mobility Conf.

ReutersFeb 19, 2025 3:56 PM

- Northrop Grumman Corp NOC.N:

  • NORTHROP GRUMMAN CEO SAYS THERE ARE SOME DELAYS IN GETTING THINGS ON CONTRACT IN FIRST QUARTER AS CO LOOKS AT ADMINISTRATION TRANSITION IN THE U.S. - CITI’S 2025 GLOBAL INDUSTRIAL TECH & MOBILITY CONF.

  • NORTHROP GRUMMAN CEO SAYS CO SEEING RISE IN DEMAND FOR SURVEILLANCE AND DEFENSE ASSETS FROM EUROPE, INDO-PACIFIC REGIONS

  • NORTHROP GRUMMAN CEO SAYS MORE BUDGET NEEDED FOR HOMELAND DEFENSE MISSION, WHICH HAS BEEN UNDERFUNDED UNTIL THIS POINT

  • NORTHROP GRUMMAN CEO SAYS GROWTH IN UNITS ON EXISTING PROGRAMS MORE LIKELY THAN NEW EFFORTS

Further company coverage: NOC.N

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