Apr 23, 2025, 5:00 PM
Apr 23, 2025, 5:00 PM

Northrop Grumman loses over $2 billion in B-21 Raider project

Highlights
  • Northrop Grumman reported losses exceeding $2 billion on the B-21 Raider program due to manufacturing changes and material costs.
  • The U.S. Air Force intends to replace its B-1 Lancer and B-2 Spirit planes with the B-21 Raider.
  • Despite the losses, Northrop Grumman continues to invest in the B-21 Raider, anticipating significant future profits.
Story

Northrop Grumman, a major aerospace and defense manufacturer, disclosed significant financial losses associated with its B-21 Raider stealth bomber program, with total losses surpassing $2 billion as of April 2025. The company reported a recent loss of $477 million, which translates to $397 million after tax write-offs, attributed to modifications in the manufacturing process and increased costs for materials required for the aircraft’s production. These changes, while initially costly, aim to facilitate a more efficient production rate in alignment with U.S. Air Force expectations for the B-21 Raider.

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