Northrop Grumman’s finances haven’t been affected by the government shutdown, CEO Kathy Warden said today, but that may change if a funding package isn’t passed within a few weeks.
“It is unclear how long it might persist, but we are hopeful it will be resolved in the near term,” Warden said during the company’s third quarter earnings call today. “Assuming it is, we do not anticipate any significant impact on our financial results.”
If Congress can’t pass a fiscal year 2026 budget or a continuing resolution by mid-November, she said, some contracts and funding may be delayed and affect Northrop.
“We don’t anticipate that at this time,” Warden said. “But it’s certainly something we’re watching.”
The shutdown has also slowed negotiations on ramping up B-21 Raider production, Warden said. The reconciliation funding package passed over the summer included $4.5 billion for the new bomber, but she said it’s “too early” to say how the deal will pan out.
“[Discussions] have been held up a bit because of the government shutdown and the availability of resources to continue those discussions,” she said. “We expect those to resume and still expect that in the coming months we would have more clarity on what that acceleration might look like.”
