Northrop Grumman Corp. Chief Financial Officer Ken Bedingfield says a lot of the company’s cybersecurity business is “restricted” and “it’s hard for us to talk in too much detail about it.”
But at Citi’s 2016 Industrials Conference in Boston on Wednesday, the company peeled back the curtain on a largely secretive line of business.
Company treasurer Stephen Movius said Northrop’s cyber unit is about $2 billion in revenue. About half of that is related to networks.
“The network side is full spectrum,” Movius said. “We have offensive, defensive and situational capabilities. A great deal of that has to deal with products.” He added that the portfolio is becoming “more heavily weighed to the product side over time.” For the full article click here
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