Funding increases requested in the Defense Department's fiscal year 2024 budget reflect good opportunities for revenue growth for some of Northrop Grumman's key programs, executives said during the company's first-quarter earnings call Thursday morning. Funding for two of Northrop’s programs -- the B-21 Raider bomber and the Sentinel nuclear missile system -- would grow by 10% for FY-24 under the request, CEO Kathy Warden said, and the future years defense program shows the budget for the programs increasing from $8...
