Northrop Grumman has decided to place lower emphasis on technology services such as military base support and focus on higher-margin opportunities, the Washington Business Journal reports.
According to Jill Aitoro’s report, forty percent of the company’s annual sales comes from command, control, communications, computers, intelligence, surveillance and reconnaissance.
Ten percent comes from unmanned systems and most of the rest comes from cybersecurity accounts.
Steve Movius, vice president for investor relations, told Aitoro the company will keep focusing on those areas and pursue the long-range strike bomber, estimated to cost $6 billion total or $550 million per unit.
The project is expected to be in place in 2020 and the company also plans to compete for the F-16′s fire control radar.