News

Northrop Grumman CEO says US needs to boost defense spending as 'China is closing the gap'
Northrop Grumman CEO Kathy Warden said Thursday that she backs Elon Musk’s Department of Government Efficiency’s push to cut ...
Defense News on MSN4d
Northrop loses $477M on B-21 bomber as it revamps production process
Northrop CEO Kathy Warden previously warned investors that the B-21 could lose money at first, before later turning a profit.
Q1 2025 Northrop Grumman Corp Earnings Call
Warden; Chair, Chief Executive Officer, President; Northrop Grumman Corp Ken Crews; Corporate Vice President, Chief Financial Officer; Northrop Grumman Corp Good day, ladies and gentlemen, and welcome ...
Washington Technology3d
Northrop takes $477M loss on B-21 to speed up production, cover materials costs
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 ...
Northrop Grumman shares drop on poor earnings report
Shares in a Northern Virginia defense giant took a big hit after it cut its 2025 earnings forecast in a poor first-quarter ...
FlightGlobal4d
Northrop losses on B-21 climb to $2bn as company seeks to ‘accelerate’ production
The defence manufacturer says the loss results from changes made to its B-21 manufacturing process aimed at achieving ...
Rising B-21 Raider Stealth Bomber Costs Hit Northrop Grumman
The latest news comes as U.S. Air Force officials state a need for 145 of the stealth bombers to cope with increasing threats ...
Northrop Grumman is taking a financial hit on its B-21 Raider stealth bomber
Northrop Grumman posted a drop in profits in Q1 2025. It said higher manufacturing costs for its B-21 Raider stealth bomber ...