05:00 PM EDT, 05/14/2024 (MT Newswires) -- Northrop Grumman ( NOC ) said late Tuesday that Chief Financial Officer Dave Keffer plans to retire, effective Feb. 21, 2025.

The board has named Kenneth B. Crews, CFO for the company's Space Systems business, to succeed Keffer, starting Oct. 1, 2024, the company said.

Crews will become vice president, corporate finance on July 1, and will work with Keffer to ensure a smooth transition, it said.