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Rising B-21 Raider Stealth Bomber Costs Hit Northrop Grumman
The latest news comes as U.S. Air Force officials state a need for 145 of the stealth bombers to cope with increasing threats to U.S. security. Announcing its first-quarter earnings today, Northrop Grumman confirmed the significant drop in profits as well as missed sales expectations due to changes in the B-21 program.
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 ...
Northrop Grumman Corp. (NYSE: NOC) announced today that it has incurred a $477 million pretax loss on the first batch of five ...
Northrop Grumman posted a 49% drop in first-quarter profit and missed sales expectations on Tuesday, as the U.S. contractor ...
Northrop Grumman lost an extra $477 million on early production of the B-21 stealth bomber, raising the company’s red ink on ...
A manufacturing process change that will allow Northrop Grumman to reduce risk, increase production rates, and set the ...
Northrop Grumman Corp.’s stock fell about 9% in premarket trading on Tuesday after the defense contractor said production ...
Debrief: Manufacturing Process Changes Drive B-21 Cost Increases is published in Aerospace Daily & Defense Report, an ...
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