Northrop loses $477M on B-21 bomber as it revamps production process
- Northrop Grumman announced a $477 million loss for the B-21 program in the first quarter 2025.
- Higher manufacturing costs and a production process change caused the loss.
- This manufacturing change aims for a higher production rate for the bomber.
- This charge increases total B-21 program losses to over $2 billion.
- The loss contributed to a 49 percent drop in first-quarter net earnings.
14 Articles
14 Articles
The New B-21 Raider Bomber Might Have a $2,000,000,000 Problem
Key Points: Northrop Grumman reported a $477 million loss on the B-21 Raider stealth bomber program, primarily due to increased manufacturing costs, material expenses, and production acceleration. -CEO Kathy Warden attributed the costs to macroeconomic impacts and manufacturing changes intended to boost future production rates. -Despite financial setbacks totaling $2 billion, development and testing are […] The post The New B-21 Raider Bomber Mi…
Northrop loses $477M on B-21 bomber as it revamps production process
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 the company.In a Tuesday statement on its financial performance, Northrop said much of the $477 million loss stemmed from a change the firm made to its B-21 production process, intended to allow the company to build the bombers at a higher rate.Northrop C…
Northrop notes $477 million loss on B-21 stealth bomber LRIP
Northrop Grumman noted a $477 million pre-tax loss on the five low-rate initial production lots of the B-21 Raider stealth bomber program, the company announced in its first-quarter earnings call this morning. The loss comes from higher manufacturing costs and increases in the projected costs and quantity of general procurement materials, according to the company. The manufacturing costs come primarily “from a process change made by the company …
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