pitched<\/a> its MRV as the first robotic spacecraft capable of repairing, relocating and upgrading satellites in orbit, and Warden indicated the MRV will become operational in 2027 after orbital positioning and testing.<\/p>\nWhen asked by Melius Research analyst Scott Mikus whether there was a market for an \u201coffensive version\u201d of the MRV that could disable other satellites, Warden replied: \u201cI will leave it up to the U.S. government to decide how that capability might fulfill mission objectives.\u201d<\/p>\n
big number<\/p>\n
$105 billion. That\u2019s the size of Northrop Grumman\u2019s backlog, a record, the company reported Tuesday. The defense contractor raised its sales outlook for the year to up to $44.25 billion, above consensus Wall Street estimates of just below $44 billion, according to FactSet. Earnings through Northrop Grumman\u2019s latest quarter came at $4.86 per share and revenue hit $44.8 billion, well above projections of $2.96 per share and $35.7 billion, respectively. <\/p>\n
tangent<\/p>\n
Tesla CEO Elon Musk said in April the automaker\u2019s humanoid robot Optimus \u201cwill not just be Tesla\u2019s biggest product ever, but probably the biggest product ever.\u201d Tesla unveiled its robotics project in 2021, as Musk said the company\u2019s goal is to \u201cmake a useful humanoid robot as quickly as possible.\u201d<\/p>\n
key background<\/p>\n
Northrop Grumman has positioned space as one of its major strategic business targets in recent years, landing a series of contracts with the U.S. military. The defense contractor has also expanded into servicing satellites through its SpaceLogistics subsidiary, which developed the MRV. Northrop Grumman\u2019s space segment accounted for 15% of all of its revenue through the latest quarter in addition to a backlog exceeding $16 billion. <\/p>\n
further readingForbesTesla Beats First-Quarter Expectations Amid Pivot To Robotics, AIBy Alicia Park<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Topline Northrop Grumman CEO Kathy Warden on Tuesday appeared to avoid a question about whether the defense contractor\u2019s…\n","protected":false},"author":2,"featured_media":561296,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[61,60,237211,2636,237212,82,2306],"class_list":["post-561295","post","type-post","status-publish","format-standard","has-post-thumbnail","category-science","tag-ie","tag-ireland","tag-kathy-warden","tag-northrop-grumman","tag-northrop-grumman-space","tag-science","tag-spacex"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/561295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=561295"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/561295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/561296"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=561295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=561295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=561295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}