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Northrop's adjusted per-share profit for the quarter ended Dec. 31 was $6.39. It posted a loss of $1.45 a year earlier as it booked losses related to its B21 Raider program.
Northrop Corporation was an American aircraft manufacturer from its formation in 1939 until its 1994 merger with Grumman to form Northrop Grumman. The company is known for its development of the flying wing design, most successfully the B-2 Spirit stealth bomber.
Northrop Grumman and Boeing collaborated on a design concept for NASA's upcoming Orion spacecraft (previously the Crew Exploration Vehicle), but the contract went to rival Lockheed Martin on August 31, 2006. [43] In 2006, Northrop Grumman had intended to bid for the U.S. Air Force's Next-Generation Bomber. Though it has not built a large manned ...
A strike of more than 30,000 Boeing workers who build planes in factories on the U.S. West Coast stretched into its fourth day on Monday, with company and union negotiators due to resume talks ...
Boeing reported a massive third-quarter loss of more than $6 billion, as the airplane manufacturer was dragged down by a strike and billions in charges tied to its commercial aircraft and defense ...
Boeing introduced a new corporate identity with completion of the merger, incorporating the Boeing Stratotype wordmark introduced in 1947, and a stylized version of the McDonnell Douglas symbol, which was the adoption of the Douglas Aircraft logo from 1962. It was done by graphic designer Rick Eiber followed a request from Boeing.
As if Boeing needed any more bad news, a scathing report from Wall Street on Tuesday cast doubt on Boeing’s ability to pass a new federal safety audit, sending its stock sinking sharply. Later ...
Deep Space Transport LLC is a joint venture that is set to provide launch services for the Space Launch System rocket. The joint venture consists of Boeing, the prime contractor for the Space Launch System core stage and the Exploration Upper Stage that will be used on Space Launch System missions, and Northrop Grumman, the prime contractor for the Space Launch System's solid rocket boosters.