Northrop Grumman Takes $1.2 Billion Charge On B-21; Expects Losses Through Decade On LRIP Lots

Northrop Grumman in November 2023 flew the B-21 stealth bomber for the first time (Northrop Grumman Photo)

By Cal Biesecker |
@calvinb21
3 months ago |
01/25/2024

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After previously warning of a potential but not “probable” loss on the initial B-21 stealth bomber production contracts, Northrop Grumman [NOC] on Thursday reported a $1.2 billion after-tax charge on the program that covers the first five low-rate initial production…

Northrop Grumman Takes $1.2 Billion Charge On B-21; Expects Losses Through Decade On LRIP Lots

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