News

Defense One14h
Northrop takes $477M loss on B-21 to speed up production, cover materials costs
Northrop Grumman is taking a $477 million hit on its B-21 Raider program to fund changes that will allow it to build the new ...
USA Herald10h
Northrop Grumman Reports $477M Loss on B-21 Raider Program
Northrop Grumman Corp. (NYSE: NOC) announced today that it has incurred a $477 million pretax loss on the first batch of five ...
Defense major Northrop Grumman's profit halves on B-21 losses, shares slump
Northrop Grumman posted a 49% drop in first-quarter profit and missed sales expectations on Tuesday, as the U.S. contractor ...
Aviation Week Network9h
Debrief: Manufacturing Process Changes Drive B-21 Cost Increases
Debrief: Manufacturing Process Changes Drive B-21 Cost Increases is published in Aerospace Daily & Defense Report, an ...
Defense Daily14h
Northrop Takes $397 Million B-21 Charge To Accelerate Production Rates, Prep For Program Increase
A manufacturing process change that will allow Northrop Grumman to reduce risk, increase production rates, and set the ...
Northrop Grumman cuts 2025 profit forecast on B-21 headwinds, shares slump
Northrop Grumman cut its annual profit forecast after it posted a 49% slump in first-quarter earnings on Tuesday, as it ...
Aviation Week Network20h
Northrop Grumman Losses On B-21 Production Rise To More Than $2B
Northrop Grumman lost an extra $477 million on early production of the B-21 stealth bomber, raising the company’s red ink on ...
Northrop Grumman shares drop on poor earnings report
Shares in a Northern Virginia defense giant took a big hit after it cut its 2025 earnings forecast in a poor first-quarter ...
Northrop Grumman's profit halves on B-21 losses, shares slump
The company, however, reaffirmed its sales forecast for the year, even amid growing concerns of uncertainty in the wake of ...
Northrop’s stock falls as B-21 bomber’s production costs jump, hurting profits
Northrop Grumman Corp.’s stock fell about 9% in premarket trading on Tuesday after the defense contractor said production ...