Northrop Grumman CEO Says U.S. Air Force To Conclude B-21 Fleet-Size Review By Year-End - Morgan Stanley Conf. Call

Sept. 17 (Reuters) - Northrop Grumman Corp NOC.N:

• Northrop Grumman CEO says U.S. Air Force to conclude B-21 fleet-size review by year-end - Morgan Stanley conf. call
• Northrop CEO: "We are far along in discussions with Lockheed Martin as to be the solid rocket motor provider for a portion of their buy"
• Northrop CEO says the company is in active discussions covering 10 agreements across eight weapons programs
• Northrop CEO says the company is planning its first Sentinel missile test in 2027, which is earlier than was anticipated
• Northrop CEO says the company's programs are shielded from budget uncertainty because they are "largely supported in the base budget and fully funded there"
• Northrop CEO says capital spending is to remain around 4.5% of sales in the near future
• Northrop CEO says demand for lower-cost capabilities is "not an either or," as "the vast majority of dollars" will go to high-end systems