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Business/Financial

B-21 Grappling With Inflation But Northrop Grumman Currently Doesn’t See Loss During LRIP

By Cal Biesecker

Thursday, January 26th, 2023

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B-21 Grappling With Inflation But Northrop Grumman Currently Doesn’t See Loss During LRIP

The U.S. Air Force unveils the B-21 Raider at a ceremony in Palmdale, Calif., Dec. 2, 2022. (DoD photos by Chad J. McNeeley)

Inflationary and other macroeconomic pressures are buffeting the next-generation stealth bomber program, but Northrop Grumman [NOC] currently doesn’t expect to incur a loss during the initial production phase of the B-21 Raider, which remains on track for the first low-rate initial production (LRIP) contract this year and first flight later this year, the company said on Thursday. A loss on the B-21 is “possible” but not “probable,” which is why Northrop Grumman included a discussion of the program and ongoing…

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