Northrop Grumman's chairman and chief executive officer is confident that his company will be able to carry out a $2.9 billion DD(X) destroyer design contract, despite a protest lodged by competitor General Dynamics against the Navy. "We are confident the award will stand and expect it to be resolved by mid-August," Kent Kresa told financial analysts today during the company's second-quarter earnings conference call. The DD(X) program, a high priority for the Navy, involves the development of three new classes...
