Wes Bush

Chairman, CEO and President
Northrop Grumman

Northrop CEO Wes Bush Chosen to 2017 Wash100 for Investment Strategy & Program Cost Mgmt Leadership

Wes-Bush-EMExecutive Mosaic is glad to introduce Northrop Grumman (NYSE: NOC) CEO Wes Bush as a selection to our 2017 Wash100 list of the government contracting sector’s Most Influential Voices.

Calendar year 2016 saw the Falls Church, Va.-based defense contractor confirmed as the winner of the U.S. Air Force‘s Long Range Strike Bomber contract after the Government Accountability Office denied a protest by the rival team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) in February.

The Air Force originally selected Northrop in October 2015 for one of the most anticipated big-ticket defense programs since the Joint Strike Fighter went to Lockheed in 2001 and Bush has attributed his company’s win to corporate-level investments focused on affordability in design and production.

In a November conference call with investors, Bush said Northrop took that approach to the bomber competition in light of how agencies have had to prioritize their investments based on funding availability in a limited budget environment as security threats have grown.

“Our customers are saying they’ve got to be able to get more capability at a lower cost and that’s just the way it is. We all know it doesn’t do much good to fight over the small percentage differences that you can negotiate around profitability,” Bush said.

Another area of attention at Northrop for investors this year centered around the company’s plans for its technology services segment in light of earlier moves by fellow defense primes Lockheed Martin (NYSE: LMT) and L3 Technologies (NYSE: LLL) to spinoff or sell similar units.

Bush sought to tamp down analyst speculation over a potential separation of Northrop’s services business during a July conference call and said he would rather find different areas for that workforce to focus on.

“If it’s very, very clear that some part of our business would be better executed in the hands of another party, we’re the first to step up and make that happen,” Bush said.

“In general… I have a bias towards redeploying the amazing people that we have in that organization to ensure that we can be on the better trajectory.”

Personal Media

Media Date Published
Northrop CEO Wes Bush Chosen to 2017 Wash100 for Investment Strategy & Program Cost Mgmt Leadership Feb 08, 2017
Wes Bush: Northrop Undecided on Whether to Bid on Air Force T-X Trainer Program Jan 30, 2017
Former AF Chief of Staff Mark Welsh Joins Northrop Board of Directors; Wes Bush Comments Dec 08, 2016
Leidos' Roger Krone Joins Board of Governors at Aerospace Industries Association Nov 22, 2016
Aerospace Industries Association Appoints New Board of Governors Members for 2017 Nov 18, 2016
Weekly Roundup October 24 - October 28, 2016: Sector Execs Offer Outlooks at 3Q Checkpoint & more Oct 28, 2016
Northrop CEO Details Cost Reduction Focus of Customers & Industry After GAO Bomber Contract Review Goes Public Oct 27, 2016
Northrop CEO Eyes Tech Services Segment Reposition Versus Sale or Spinoff Jul 28, 2016
GovCon Industry Execs Included in Virginia Business' 50 Most Influential List Mar 23, 2016
Ann Marie Fudge Joins Northrop Grumman's Board of Directors Mar 21, 2016
Weekly Roundup Feb. 8 - Feb. 12 2016: Three 2016 Wash100 CEOs Whose Firms 'Beat The Street' & more Feb 12, 2016
Northrop CEO Wes Bush Chosen to 2016 Wash100 for Financial Performance, Bomber Award Leadership Feb 11, 2016
Northrop Realigns Businesses, Appoints Gloria Flach COO Oct 15, 2015
Northrop Outlines STEM, Environmental Programs in Corporate Responsibility Report; Wes Bush Comments Aug 21, 2015
Northrop CEO Wes Bush: Defense Innovation Entails Pentagon, Industry Partnerships May 27, 2015
Wes Bush: Northrop Makes Virginia Tech Contribution With C4ISR, Unmanned Focus May 12, 2015
Marianne Brown Elected to Northrop Grumman’s Board of Directors; Wes Bush Comments Mar 24, 2015
Wes Bush: Northrop Grumman Maintains Focus on Targeted Areas Jan 23, 2015
Ken Bedingfield to Succeed James Palmer as CFO, Corporate VP Dec 09, 2014
Northrop's Wes Bush: Decision-Making Flexibility Needed to Bring Gov't Contracting Efficiency Aug 04, 2014
Northrop CEO Wes Bush: Gov't Acquisition Leaders Need Flexibility, Efficiency in Buying Jul 30, 2014
Wes Bush: Northrop Grumman's Unmanned Systems Meet Intl Requirements Jul 25, 2014
Northrop Helps Cal Poly Open New Cyber Lab; Wes Bush Comments Jan 28, 2014
Northrop's Wes Bush Joins Ranks of Wash100 as Future-Focused GovCon Executive Leader Jan 27, 2014

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