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Northrop Grumman Won’t Bid On MQ-25; Company Posts Strong Financial Results

Cal Biesecker By
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Northrop Grumman Won’t Bid On MQ-25; Company Posts Strong Financial Results
Northrop Grumman Chairman and CEO Wes Bush. Photo: Northrop Grumman

A few weeks after the Navy released the bid requests for an unmanned aerial refueling tanker, Northrop Grumman [NOC] on Wednesday said it won’t bid for the MQ-25 Stingray program, saying it can’t make a business case for the project that benefits the customer and the company.“Our assessment of the final RFP, which required a fixed-price incentive bid for this development work, was that we could not put forward an attractive offer to the Navy that would represent a reasonable…

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