Northrop Grumman CEO to chair Greater Washington Partnership
Northrop Grumman chair, CEO and president Kathy Warden is adding a new title to her résumé. On Jan. 1, 2024, Warden will officially take over as chair of the Greater Washington Partnership. She will be the first woman, first nonfounder and first CEO of a global company to lead the board for the partnership, a […]
Northrop Grumman lands $705M missile contract
Falls Church-based aerospace contractor Northrop Grumman will develop and test the Air Force’s new air-to-surface missile under a $705 million contract. Under the contract, announced Monday by the Air Force and the Fortune 500 contractor, the company will develop, integrate and complete flight testing and rapid prototyping of the service’s stand-in attack weapon (SiAW) during […[...]
Federal Contractors | Technology 2023: KATHY WARDEN
Warden was named CEO of the world’s third largest aerospace and defense company in 2019 after serving as its president and chief operating officer. Ranked No. 38 on Forbes’ 2022 World’s 100 Most Powerful Women list, she previously worked for General Dynamics and Veridian before joining Northrop Grumman in 2008. Ranked No. 113 on the […]
The 2023 Heavy Hitters list
Virginia Business’ annual list of the commonwealth’s 50 most powerful and influential leaders provides our editors’ take on the heaviest-hitting of heavyweights in business, government, nonprofits and higher education. Think of it as an executive committee for the leaders populating our annual Virginia 500 issue — the top 10% of the state’s power elite. And […]
Northrop Grumman appoints global biz development officer
Stephen O’Bryan will become corporate vice president and global business development officer for Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. on Feb. 6. Northrop Grumman announced that the board of directors elected O’Bryan on Monday. O’Bryan will lead business development organization and contribute to international growth. He succeeds David Perry, [...]
October 2022 Top Five
The top five most-read daily news stories on VirginiaBusiness.com from Sept. 14 to Oct. 14 included an announcement of a major agricultural operation in Chesterfield County expected to begin operation in late 2023 or early 2024. 1 | Lowe’s to open distribution facility in Suffolk The North Carolina-based home improvement retailer plans to establish […]
Stairway to heaven
Nationally, CEO pay in 2021 reached historic highs for the second year in a row, and Virginia was no exception to this trend. The CEOs of Virginia’s largest publicly traded companies were rewarded handsomely last year, with CEO compensation rising 4.9% year-over-year to an average $8.467 million compensation package, compared with $8.068 million in 2020. […]
Raytheon wins $985M Air Force hypersonic missile contract
Raytheon Technologies Corp.’s missile and defense division has received the go-ahead from the Air Force to move beyond the prototype phase and continue development of a new hypersonic cruise missile weapon under a nearly $1 billion contract announced by the Pentagon Thursday. The Hypersonic Attack Cruise Missile is an air-launched, maneuverable weapon propelled by a […]
Northrop Grumman names new defense systems president
Falls Church-based Northrop Grumman Corp.’s board of directors has appointed Roshan Roeder as corporate vice president and president of the Fortune 500 company’s defense systems sector. Roeder currently serves as vice president and general manager of the airborne multifunction sensors division within the federal contractor’s missions systems sector. Roeder’s new role is eff[...]
Artemis I to launch with help from Va. contractors
EDITOR’S NOTE: Monday’s launch was scrubbed by NASA shortly after 8:33 a.m. because of an engine issue. Weather permitting, if the Artemis 1 moon mission launches from NASA’s Kennedy Space Center in Florida Monday morning as planned, it will be powered in part by the work of Virginia-based contractors. The uncrewed flight test is the […]
Northrop Grumman lands $338M helicopter avionics contract
Northrop Grumman has received a $338 million contract from the Navy for continued integration and development of the Marine Corps’ H-1 helicopter fleet’s avionics systems and weapons. Under the contract, the Falls Church-based Fortune 500 aerospace, defense and technology contractor will research alternatives to and investigate and document new capabilities and anomalies of H-1 avionic[...]
Northrop Grumman division lands $458M Navy contract
A division of Falls Church-based Northrop Grumman Corp. won a $458 million contract to support the Navy’s Columbia and Dreadnought Fleet Ballistic Missile Program, the U.S. Department of Defense announced Friday. Under the cost-plus-incentive-fee and cost-plus-fixed-fee contract, Northrop Grumman’s Marine Systems in Sunnyvale, California, will provide fiscal 2022 through 2026 shipyard field op[...]