Northrop Grumman over the last year has opted not to bid in four major competitions, raising questions among some analysts about the company's long-term strategy. Last year, Northrop announced it would not bid on the Navy's MQ-25 Stingray unmanned tanker program. In a call with analysts, Wes Bush, Northrop's chief executive, said the contractor, which built the precursor technology to MQ-25, "could not put forward an attractive offering to the Navy that would represent a reasonable business proposition." Just months...