Northrop Charges Equal 10% Of Budgeted B-21 Production Costs

Steve Trimble January 25, 2024
Northrop Grumman B-21 Raider

Northrop Grumman and the U.S. Air Force rolled out the B-21 Raider stealthy strategic bomber at Plant 42 in Palmdale, California, on Dec. 2, some 34 years after the unveiling of its predecessor B-2 and seven years after Northrop won the Long-Range Standoff Bomber contract. The Air Force plans to buy 100 B-21s to replace its B-1s and B-2s, beginning in the mid-2020s.

Credit: U.S. Air Force
Northrop Grumman’s estimated losses for the B-21 bomber program total more than 10% of the U.S. Air Force’s planned spending during the first five lots of low-rate initial production (LRIP). The $1.56 billion pretax charge reported in Northrop’s annual earnings for 2023 reflect a new, long-range...
Steve Trimble

Steve covers military aviation, missiles and space for the Aviation Week Network, based in Washington DC.

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