Northrop Plans Bigger Push Into Adjacent Markets
By Karen Jacobs/Reuters .
LE BOURGET .
Defense contractor Northrop Grumman is planning a bigger move into related markets to bolster profit in a tougher defense budget environment.
Chief Executive Wes Bush, who spearheaded the spin-off of the company’s shipmaking business earlier this year, is de-emphasizing sales growth and has instructed his division heads to pursue market opportunities and contracts that ...
