The Air Force is working on a sweeping force structure review mandated by Congress and reconsidering its approach for the Next-Generation Air Dominance fighter. Key to both, however, could be another question: just how large will the service’s B-21 bomber fleet be? During an Oct. 24 earnings ...
Northrop Grumman took a $1.56 billion charge on its B-21 bomber program for the Air Force, company officials said in its quarterly earnings report. Inflation and “a lot more information” derived from building and flying the first aircraft drove the overage, officials said.
Northrop Grumman won't get its B-21 low-rate initial production contract until after first flight happens, company officials said on their quarterly earnings call. They also said Northrop won’t make any money on the B-21 in the LRIP phase, due to higher labor costs and inflation ...
In another step toward first flight, the initial B-21 Raider has had its first “power-on” test, Northrop Grumman CEO Kathy Warden announced. The company still expects first flight—and a contract for low-rate initial production—by the end of 2023, she said in the company's second quarter ...
Australia says it won’t buy the B-21 bomber, but Northrop Grumman CEO Kathy Warden said it may still be “on the table” when the program is more mature. Warden also reiterated that the new bomber will fly this year.
Inflation threatens Northrop Grumman's profits on the B-21 bomber program, as the program moves from development to production, company officials said on their quarterly earnings call. The program remains below cost and on schedule, though, they said.
In a nighttime ceremony contrived to continue concealment of many of its features, the new B-21 bomber rolled out of Northrop Grumman's Palmdale, Calif. plant Dec. 2. Defense Secretary Lloyd Austin said the aircraft's advanced technology represents "deterrence, the American way."
The Air Force is accelerating the B-21 Raider program, seeking to "overlap" the development and production phases, Northrop Grumman president and CEO Kathy Warden said in a quarterly earnings call with reporters. The Air Force apparently permitted the company to discuss more of the highly ...
Northrop Grumman CEO Kathy Warden sees even more consolidation among top-tier defense contractors in the next 20 years, but the reduction in traditional firms will likely be offset by a surge in new entrants, particularly in the cyber and space domains.
The heads of eight top defense contractors are urging the White House and Pentagon not to cut modernization and research and development funding to come up with the money to pay for expenses caused by the coronavirus pandemic. The companies said they're worried modernization will ...