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Business/Financial

Northrop Grumman Assessing Delay On America’s Cost And Schedule

DDN

Wednesday, July 29th, 2009

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By Geoff Fein After acknowledging there will be delays in the delivery of LHA-6, Northrop Grumman [NOC] is working to determine the impact to the ship's cost and construction schedule, a company spokeswoman said. During an analysts call last week, Wes Bush, Northrop Grumman's president and chief operating officer said the company is taking additional steps to ensure that engineering designs are ready before production, an approach that will delay the program. "In fact our cost growth on the LHA-6…

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