Aerospace Group:

Business/Financial

Northrop Takes $397 Million B-21 Charge To Accelerate Production Rates, Prep For Program Increase

By Cal Biesecker

Tuesday, April 22nd, 2025

SHARE:

Northrop Takes $397 Million B-21 Charge To Accelerate Production Rates, Prep For Program Increase

A B-21 Raider in flight testing at Edwards AFB, Calif. Photo: Northrop Grumman

A manufacturing process change that will allow Northrop Grumman [NOC] to reduce risk, increase production rates, and set the foundation for expanded production numbers of the B-21 stealth bomber beyond current plans helped lead to a $397 million after-tax loss on the Air Force program in the first quarter, the company said on Tuesday. The manufacturing change relates to the first five low-rate initial production (LRIP) options for the bomber, including a $226 million pre-tax reserve on the first two…

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]

Army

Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says

After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]