Northrop Grumman Corp at Sanford C Bernstein Strategic Decisions Conference Transcript

Jun 01, 2023 / 01:00PM GMT
Douglas Stuart Harned - Sanford C. Bernstein & Co., LLC., Research Division - SVP and Senior Analyst

Good morning. We're continuing on defense here, and I'm Doug Harned, Bernstein's senior aerospace and defense analyst. And I'm really happy to again have with us Kathy Warden, Chairman and CEO of Northrop Grumman. I think, Kathy, you've got a few words first.

Kathy J. Warden - Northrop Grumman Corporation - Chair, CEO & President

I do. Yes. Thanks, Doug. Good to see you all this morning. I'll start with our safe harbor statement.

Just to remind you that I may make forward-looking statements in our discussion today, and that those statements come with risks and uncertainties. So I'd ask you to look at our SEC filings for a full disclosure of what those risks and uncertainties are.

I'd also just like to provide some context on how the business is going since we were last together. We had a strong first quarter that we reported a few weeks ago, 6% growth year-over-year. We also returned $1 billion to our shareholders in the first quarter

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