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Northrop CEO Expects ‘Decent Share’ of Golden Dome Contracts
Source: Bloomberg
Infrastructure & DefenseGeopolitics & WarCompany FundamentalsCorporate Guidance & Outlook
Northrop Grumman CEO Kathy Warden said the Trump administration’s Golden Dome space defense system is becoming “very tangible,” and that the company expects a “decent share” of the program. Warden suggested the program could ultimately cost more than $1 trillion. The commentary is incrementally positive for Northrop’s defense backlog outlook, but does not quantify near-term revenue impact.
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