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Northrop Grumman Takes Charges On GEM 63XL, SiAW In Second Quarter

Cal Biesecker By
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Northrop Grumman Takes Charges On GEM 63XL, SiAW In Second Quarter
Northrop Grumman Rendition of SiAW

Northrop Grumman [NOC] on Tuesday reported another charge on a large solid rocket motor program that suffered an anomaly during a launch in February, and also said development work on a tactical missile program will cost more to complete. The $91 million adjustment on the GEM 63XL rocket motor follows a $71 million charge taken in the first quarter after one of the motors suffered a nozzle burn through during launch of a Vulcan Centaur rocket (Defense Daily, Feb. 26).…

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