"Northrop Grumman's $1.56 Billion Loss on B-21 Program"

Northrop Grumman has reported a loss of nearly $1.2 billion on the B-21 Raider stealth bomber program, with expectations of financial hits on the first five low-rate production lots. The company attributes the loss to higher manufacturing costs and macroeconomic disruptions. Despite the setback, the program could generate significant revenue if executed as planned. The Air Force is acquiring six pre-production B-21s for testing, with potential for operational use in the future. Both Northrop Grumman and the Air Force remain committed to the program, aiming to field operational B-21 squadrons before 2030.