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Kathy Warden: Northrop Optimistic on Nuclear Modernization Initiatives Under New Admin

Kathy Warden Chairman President CEO Northrop Grumman
Kathy Warden, Chairman President CEO, Northrop Grumman

Kathy Warden, chairman, president and CEO of Northrop Grumman and a 2020 Wash100 award winner, said she “is very confident“ that nuclear modernization programs would still get government backing in the event that a new president gets elected, Inside Defense reported Thursday.

Northrop received a potential $13.3B contract from the U.S. Air Force in early September to build the Ground-Based Strategic Deterrent platform to replace the Minuteman III intercontinental ballistic missile system.

"We're confident that a new administration would recognize that value and continue to support the modernization efforts that are well underway for both GBSD and B-21," Warden said.

The company saw its sales rise 7 percent to $9.1B and reported $986M in profit during the third quarter of 2020, reflecting a 6 percent increase from the prior year period.

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