Economy

Northrop Grumman CEO Warden on labor shortages, Omicron variant

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WASHINGTON – Northrop Grumman CEO Kathy Warden said the ongoing labor shortage plaguing the nation was a primary focus for America’s defense business.

“When I think about the challenges that we all might face going into next year, the labor shortages that we’re seeing are suddenly one that’s top of mind,” Warden told CNBC’s Morgan Brennan in an exclusive interview on the sidelines of the Reagan National Defense Forum in Simi Valley, California.

“We have seen an increase in demand for the kinds of skills that we need to support our work at the same time that we’ve seen labor participation rates go down,” Warden said, adding that workforce was her “primary focus” in 2022.

Warden’s comments…



Source cnbc.com

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