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Northrop CEO Kathy Warden previously warned investors that the B-21 could lose money at first, before later turning a profit.
Operating profit at the defense company declined as well. Indeed, it was cut roughly in half, down 46% at $573 million for ...
Big defense contractors reported a mixed set of first-quarter earnings ahead of the potential impact of Trump administration ...
Get to know Northrop Grumman's new vice president of advanced weapons, Chuck Johnson, his 26-year public sector career and ...
Northrop Grumman's $91.5B backlog (+9% YoY ... Northrop's B-21 Raider stealth bomber (under the company's Aeronautics division) is the key future platform for penetrating Indo-Pacific air defenses.
Northrop Grumman is down 0.8% since the beginning of the year, and at $464.08 per share, it is trading 14.7% below its 52-week high of $543.88 from September 2024.
PROMONTORY, Box Elder County — No solid rocket motors were lost or damaged in an explosion Wednesday in remote Promontory, a company spokesperson for Northrop Grumman told KSL.com Friday.
The B-21 loss contributed to an overall $183 million loss in Northrop Grumman’s aeronautics systems division. That division also recorded $2.8 billion in sales, an 8% decline from the first ...
Northrop Grumman reported a $477 million loss on the B-21 Raider in the first quarter of 2025, as higher manufacturing and materials costs for making the sixth-generation stealth bomber squeeze ...
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