Pentagon R&D Tech Plans Highlight Rising Dollars for Top Vendors – Bloomberg Law

Northrop Grumman is on track to most easily take advantage of a new road map for winning research and development contracts from the Pentagon with the release of a strategy document centered on keeping the US on pace with rivals.

The contracting giant brought in $4.3 billion in R&D contract work last year, up from nearly $3 billion in 2021 and $1.7 billion the year before that, according to Bloomberg Government data. Lockheed Martin is the top seller in the space, but its contract wins haven’t grown nearly as fast as Northrop’s.

Year-to-date, Northrop brought in more Defense Department …