Newest episode of &#34;The Angle&#34; from T. Rowe Price spotlights speed-to-deliver, AI, autonomy, and space as priorities shaping the future of national defenseBALTIMORE, April 29, 2026 /PRNewswire/ -- T. Rowe Price, a

<p xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Newest episode of &#34;The Angle&#34; from T. Rowe Price spotlights speed-to-deliver, AI, autonomy, and space as priorities shaping the future of national defense</i></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">BALTIMORE</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">April 29, 2026</span> /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, announced the latest episode of &#34;The Angle from T. Rowe Price,&#34; an investment-themed podcast focused on the forces shaping financial markets and the leaders navigating them.</p>
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<p xmlns="http://www.w3.org/1999/xhtml">In the newest episode, host Eric Veiel, Head of Global Investments and Chief Investment Officer for T. Rowe Price, speaks with Kathy Warden, Chair, CEO, and President of Northrop Grumman, a global aerospace and defense company and one of the largest U.S. federal contractors.</p><p xmlns="http://www.w3.org/1999/xhtml">Veiel and Warden discuss her leadership journey—from early roles at General Electric and a late-1990s technology startup to national security work after 9/11—and how a &#34;continuous learner&#34; mindset and asking the right questions helped her build credibility in a deeply technical organization.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;This conversation offers investors a timely look at how the defense industry is adapting to a more complex security environment where long-term visibility into demand, capacity investment, and rapid technology adoption are increasingly central to execution,&#34; said Veiel. &#34;Kathy offered a clear-eyed view of what it takes to move with urgency in today&#39;s security environment; investing ahead of demand, embracing new technologies, and building the talent and culture needed to deliver.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">ABOUT &#34;THE ANGLE&#34;</b></p><p xmlns="http://www.w3.org/1999/xhtml">&#34;The Angle&#34; podcast brings listeners dynamic insights on the forces shaping financial markets, featuring the T. Rowe Price global investing team and special guests. Through engaging conversations, &#34;The Angle from T. Rowe Price&#34; aims to foster curiosity by asking better questions and delivering better insights, allowing investors to gain a deeper understanding of today&#39;s evolving market themes.</p><p xmlns="http://www.w3.org/1999/xhtml">Launched in 2024, &#34;The Angle&#34; has explored a range of topics, including the artificial intelligence, health care innovation, forward-looking expectations for global markets,  key market drivers from the perspectives of some of the world&#39;s leading CEOs, and more recently taking a closer look at the future of the energy sector, speaking with experts across T. Rowe Price about the key themes shaping tomorrow&#39;s energy landscape.</p><p xmlns="http://www.w3.org/1999/xhtml">This is the thirteenth episode of T. Rowe Price&#39;s C-suite podcast series. The first ten episodes, also available now, featured H. Lawrence Culp, Jr., chairman and CEO of GE Aerospace; Meredith Kopit Levien, president and CEO of The New York Times Company; Gary Guthart, CEO of Intuitive Surgical; Jensen Huang, founder and CEO of NVIDIA Corporation; Darren Woods, chairman and CEO of ExxonMobil; Harvey Schwartz, Chief Executive Officer and Director, and David Rubenstein, Co-Founder and Co-Chairman of the Board of Carlyle; Jane Fraser, CEO of Citi; Sarah Friar, CFO of OpenAI; Dave Ricks, CEO of Eli Lilly; Srini Gopalan, CEO of T-Mobile, and Jim Farley, President and CEO of Ford Motor Company. &#34;The Angle from T. Rowe Price&#34; is available across multiple platforms, including <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676087-1&amp;h=1880487166&amp;u=https%3A%2F%2Fopen.spotify.com%2Fshow%2F0Fe4UuNHkxlPpqdMUamxBq&amp;a=Spotify" target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">Spotify</b></a> and <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676087-1&amp;h=1731231935&amp;u=https%3A%2F%2Fpodcasts.apple.com%2Fus%2Fpodcast%2Fthe-angle-from-t-rowe-price%2Fid1729192737&amp;a=Apple+Podcasts" target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">Apple Podcasts</b></a>. Future episodes will be announced as they are produced. For more information on the podcast please click <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676087-1&amp;h=3503618349&amp;u=https%3A%2F%2Fwww.troweprice.com%2Fen%2Fthe-angle-podcast.html%3Fvan%3Dtheanglepodcast&amp;a=here" target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">here</b></a>.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;The Angle from T. Rowe Price&#34; is T. Rowe Price&#39;s second podcast series. &#34;<a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676087-1&amp;h=3814550640&amp;u=https%3A%2F%2Fwww.troweprice.com%2Fcorporate%2Fus%2Fen%2Fconfident-conversations-on-retirement.html%3Fvan%3Dpodcast&amp;a=CONFIDENT+CONVERSATIONS%C2%AE+on+Retirement" target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">CONFIDENT CONVERSATIONS</b><b xmlns="http://www.w3.org/1999/xhtml"><sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup></b><b xmlns="http://www.w3.org/1999/xhtml"> on Retirement</b></a>,&#34; which features T. Rowe Price experts sharing their perspectives on retirement-related topics, is in its fourth season.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">ABOUT T. ROWE PRICE</b></p><p xmlns="http://www.w3.org/1999/xhtml">T. Rowe Price (NASDAQ-GS: TROW) is a leading global asset management firm, entrusted with managing $1.71 trillion in client assets as of March 31, 2026, about two-thirds of which are retirement-related. Renowned for over 85 years of investment excellence, retirement leadership, and independent proprietary research, the firm leverages its longstanding expertise to ask better questions that can drive better investment decisions. Built on a culture of integrity and prioritizing client interests, T. Rowe Price empowers millions of investors worldwide to thrive amidst evolving markets. Visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676087-1&amp;h=4090212513&amp;u=https%3A%2F%2Fwww.troweprice.com%2Fcorporate%2Fus%2Fen%2Fpress.html%3Fvan%3Dnewsroom&amp;a=troweprice.com%2Fnewsroom" target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">troweprice.com/newsroom</b></a> for news and public policy commentary.</p>
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<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=PH46411&amp;sd=2026-04-29"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/t-rowe-price-explores-leadership-and-innovation-in-an-increasingly-complex-national-security-landscape-with-northrop-grumman-ceo-kathy-warden-302756572.html" target="_blank">https://www.prnewswire.com/news-releases/t-rowe-price-explores-leadership-and-innovation-in-an-increasingly-complex-national-security-landscape-with-northrop-grumman-ceo-kathy-warden-302756572.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE T. Rowe Price Group</p>

TROW

T. ROWE PRICE EXPLORES LEADERSHIP AND INNOVATION IN AN INCREASINGLY COMPLEX NATIONAL SECURITY LANDSCAPE WITH NORTHROP GRUMMAN CEO KATHY WARDEN

T. Rowe Price Highlights Defense Industry Trends in Latest Podcast Episode

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Newest episode of &amp;#34;The Angle&amp;#34; from T. Rowe Price spotlights speed-to-deliver, AI, autonomy, and space as priorities shaping the future of national defenseBALTIMORE, April 29, 2026 /PRNewswire/ -- T. Rowe Price, a</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>The latest episode of T. Rowe Price&#039;s podcast discusses defense industry adaptations with Northrop Grumman&#039;s CEO. As technology and investment needs evolve, TROW&#039;s insights may position it favorably among investors amid rising defense expenditures.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>T. Rowe Price podcast features Northrop Grumman CEO discussing defense trends.</li><li>Focus on adapting to a complex security environment discussed.</li><li>Investment in technology and culture deemed crucial for defense industry leaders.</li><li>T. Rowe Price managed $1.71 trillion in client assets as of March 31, 2026.</li><li>The podcast offers insights into evolving market themes and leadership perspectives.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Northrop Grumman (NOC)</strong>: Leading defense contractor, insights from its CEO may influence investor sentiment in defense equities.</li></ul>
  </section>

  <section data-block="category">
    <h3>Industry News</h3>
    <p>This fits the &#039;Industry News&#039; category as it addresses important themes shaping the defense sector that may guide investment decisions.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Rising defense budgets may increase demand for investment management services.</li><li>T. Rowe Price&#039;s insights could attract new investment flows focused on defense.</li><li>Continued focus on technology adaptation in defense can drive long-term growth.</li><li>Growing awareness through media platforms may enhance TROW&#039;s brand visibility.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>T. Rowe Price has $1.71 trillion in client assets as of March 31, 2026.</li><li>Kathy Warden is the CEO of Northrop Grumman and featured guest.</li><li>Podcast episode discusses adapting to complex security demands in defense.</li><li>This is the thirteenth episode of &#039;The Angle&#039; podcast series from T. Rowe Price.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>TROW could experience upward momentum as defense spending increases, driven by the recent podcast insights.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Newest episode of &#34;The Angle&#34; from T. Rowe Price spotlights speed-to-deliver, AI, autonomy, and space as priorities shaping the future of national defense</i></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">BALTIMORE</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">April 29, 2026</span> /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, announced the latest episode of &#34;The Angle from T. Rowe Price,&#34; an investment-themed podcast focused on the forces shaping financial markets and the leaders navigating them.</p>
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                    <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/2968644/Northrop_Grumman.jpg" title="Kathy Warden, Chair, CEO &amp; President of Northrop Grumman" alt="Kathy Warden, Chair, CEO &amp; President of Northrop Grumman"></img>
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<p xmlns="http://www.w3.org/1999/xhtml">In the newest episode, host Eric Veiel, Head of Global Investments and Chief Investment Officer for T. Rowe Price, speaks with Kathy Warden, Chair, CEO, and President of Northrop Grumman, a global aerospace and defense company and one of the largest U.S. federal contractors.</p><p xmlns="http://www.w3.org/1999/xhtml">Veiel and Warden discuss her leadership journey—from early roles at General Electric and a late-1990s technology startup to national security work after 9/11—and how a &#34;continuous learner&#34; mindset and asking the right questions helped her build credibility in a deeply technical organization.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;This conversation offers investors a timely look at how the defense industry is adapting to a more complex security environment where long-term visibility into demand, capacity investment, and rapid technology adoption are increasingly central to execution,&#34; said Veiel. &#34;Kathy offered a clear-eyed view of what it takes to move with urgency in today&#39;s security environment; investing ahead of demand, embracing new technologies, and building the talent and culture needed to deliver.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">ABOUT &#34;THE ANGLE&#34;</b></p><p xmlns="http://www.w3.org/1999/xhtml">&#34;The Angle&#34; podcast brings listeners dynamic insights on the forces shaping financial markets, featuring the T. Rowe Price global investing team and special guests. Through engaging conversations, &#34;The Angle from T. Rowe Price&#34; aims to foster curiosity by asking better questions and delivering better insights, allowing investors to gain a deeper understanding of today&#39;s evolving market themes.</p><p xmlns="http://www.w3.org/1999/xhtml">Launched in 2024, &#34;The Angle&#34; has explored a range of topics, including the artificial intelligence, health care innovation, forward-looking expectations for global markets,  key market drivers from the perspectives of some of the world&#39;s leading CEOs, and more recently taking a closer look at the future of the energy sector, speaking with experts across T. Rowe Price about the key themes shaping tomorrow&#39;s energy landscape.</p><p xmlns="http://www.w3.org/1999/xhtml">This is the thirteenth episode of T. Rowe Price&#39;s C-suite podcast series. The first ten episodes, also available now, featured H. Lawrence Culp, Jr., chairman and CEO of GE Aerospace; Meredith Kopit Levien, president and CEO of The New York Times Company; Gary Guthart, CEO of Intuitive Surgical; Jensen Huang, founder and CEO of NVIDIA Corporation; Darren Woods, chairman and CEO of ExxonMobil; Harvey Schwartz, Chief Executive Officer and Director, and David Rubenstein, Co-Founder and Co-Chairman of the Board of Carlyle; Jane Fraser, CEO of Citi; Sarah Friar, CFO of OpenAI; Dave Ricks, CEO of Eli Lilly; Srini Gopalan, CEO of T-Mobile, and Jim Farley, President and CEO of Ford Motor Company. &#34;The Angle from T. Rowe Price&#34; is available across multiple platforms, including <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676087-1&amp;h=1880487166&amp;u=https%3A%2F%2Fopen.spotify.com%2Fshow%2F0Fe4UuNHkxlPpqdMUamxBq&amp;a=Spotify" target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">Spotify</b></a> and <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676087-1&amp;h=1731231935&amp;u=https%3A%2F%2Fpodcasts.apple.com%2Fus%2Fpodcast%2Fthe-angle-from-t-rowe-price%2Fid1729192737&amp;a=Apple+Podcasts" target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">Apple Podcasts</b></a>. Future episodes will be announced as they are produced. For more information on the podcast please click <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676087-1&amp;h=3503618349&amp;u=https%3A%2F%2Fwww.troweprice.com%2Fen%2Fthe-angle-podcast.html%3Fvan%3Dtheanglepodcast&amp;a=here" target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">here</b></a>.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;The Angle from T. Rowe Price&#34; is T. Rowe Price&#39;s second podcast series. &#34;<a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676087-1&amp;h=3814550640&amp;u=https%3A%2F%2Fwww.troweprice.com%2Fcorporate%2Fus%2Fen%2Fconfident-conversations-on-retirement.html%3Fvan%3Dpodcast&amp;a=CONFIDENT+CONVERSATIONS%C2%AE+on+Retirement" target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">CONFIDENT CONVERSATIONS</b><b xmlns="http://www.w3.org/1999/xhtml"><sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup></b><b xmlns="http://www.w3.org/1999/xhtml"> on Retirement</b></a>,&#34; which features T. Rowe Price experts sharing their perspectives on retirement-related topics, is in its fourth season.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">ABOUT T. ROWE PRICE</b></p><p xmlns="http://www.w3.org/1999/xhtml">T. Rowe Price (NASDAQ-GS: TROW) is a leading global asset management firm, entrusted with managing $1.71 trillion in client assets as of March 31, 2026, about two-thirds of which are retirement-related. Renowned for over 85 years of investment excellence, retirement leadership, and independent proprietary research, the firm leverages its longstanding expertise to ask better questions that can drive better investment decisions. Built on a culture of integrity and prioritizing client interests, T. Rowe Price empowers millions of investors worldwide to thrive amidst evolving markets. Visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676087-1&amp;h=4090212513&amp;u=https%3A%2F%2Fwww.troweprice.com%2Fcorporate%2Fus%2Fen%2Fpress.html%3Fvan%3Dnewsroom&amp;a=troweprice.com%2Fnewsroom" target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">troweprice.com/newsroom</b></a> for news and public policy commentary.</p>
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The latest episode of T. Rowe Price's podcast discusses defense industry adaptations with Northrop Grumman's CEO. As technology and investment needs evolve, TROW's insights may position it favorably among investors amid rising defense expenditures.

T. ROWE PRICE EXPLORES LEADERSHIP AND INNOVATION IN AN INCREASINGLY COMPLEX NATIONAL SECURITY LANDSCAPE WITH NORTHROP GRUMMAN CEO KATHY WARDEN

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Industry News

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