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Business/Financial

Government Spending On R&D ‘Dangerously Low,’ Warns Northrop’s Warden

By Cal Biesecker

Monday, November 15th, 2021

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Government Spending On R&D ‘Dangerously Low,’ Warns Northrop’s Warden

Northrop Grumman Chair, President and CEO Kathy Warden. Photo: Northrop Grumman

The U.S. government needs to up its investments in research and development (R&D) if it wants innovative capabilities that go beyond what the commercial sector provides, Northrop Grumman [NOC] Chief Kathy Warden said on Monday. “So, the financing’s increasing but no doubt that the amount the government is spending on R&D compared to what commercial industry is spending has decreased over time and we are at a point where I believe it’s dangerously low,” Warden answered in response to a…

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