Bush: Northrop is 'biasing more of our capital' toward internal investments

By Marjorie Censer / June 3, 2016 at 11:23 AM
After a “wave” of spending on share repurchases, Northrop Grumman is now looking toward greater internal investments, the contractor's chief executive said Friday. Wes Bush, speaking at the Sanford C. Bernstein strategic decisions conference in New York, said the company and the defense industry have a responsibility to help the United States assure its technological superiority. “Over the course of the last decade, our relative technological superiority as a nation . . . has been degraded,” he said. “It is...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.