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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.
An Embraer 170 (bottom) pictured with a Boeing 737-800 (top). The E-jets are smaller than the 737, which is Boeing's smallest airliner. On July 5, 2018, a Memorandum of Understanding was announced for a strategic partnership: for $3.8 billion Boeing would have an 80% stake in a joint venture with Embraer, which would produce and service Embraer's commercial airliners (the ERJ, E-Jet and the E ...
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.
Boeing CEO Kelly Ortberg says Elon Musk is helping speed up the arrival of the Next Air Force One. The planemaker has lost more than $2 billion producing the long-delayed presidential aircraft.
Defense contractor Northrop Grumman told its employees that about 1,000 jobs could be cut in Southern California after lost a big satellite contract.
In a 1979 videotaped news interview, Jack Northrop broke his long silence and said publicly that all Flying Wing contracts had been canceled because Northrop Aircraft Corporation refused to merge with competitor Convair at Air Force Secretary Stuart Symington's strong suggestion, because, according to Jack Northrop, Convair's merger demands ...
While Boeing is starting 2024 with yet another crisis about its safety and reliability, it reported record orders for the end of 2023 Tuesday. Amid a crisis, Boeing reports record orders and best ...
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