Northrop CEO: Sentinel cost growth not related to company's performance

By Shelley K. Mesch / July 25, 2024 at 12:54 PM
As the Sentinel nuclear missile program faces ballooning total costs, Northrop Grumman executives stressed during their second-quarter earnings call today that those increases won’t be realized yet for several years, past the current contract. The quality of work done by Northrop, which holds the engineering and manufacturing development contract for the LGM-35A Sentinel missile and surrounding infrastructure, is not the reason the projected cost grew 81% over the baseline to $140.9 billion , CEO Kathy Warden insisted to analysts. The...

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