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Defense News on MSNNorthrop loses $477M on B-21 bomber as it revamps production processNorthrop CEO Kathy Warden previously warned investors that the B-21 could lose money at first, before later turning a profit.
The defence manufacturer says the loss results from changes made to its B-21 manufacturing process aimed at achieving ...
Northrop Grumman is taking a $477 million hit on its B-21 Raider program to fund changes that will allow it to build the new ...
The defense contractor’s first-quarter earnings and sales missed analysts’ estimates.
BofA Securities analyst Ronald J. Epstein reiterated the Buy rating on Northrop Grumman Corporation (NYSE: NOC) on Wednesday, lowering the price forecast from $585 to $550.
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