Northrop Grumman won't make money on initial production of B-21 Raider nuclear bombers
Northrop Grumman will not profit from the initial low rate production of the sixth generation B-21 Raider aircraft. This was stated by Northrop Grumman CEO Kathy Warden.
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Northrop Grumman officials have regularly talked about zero profitability throughout the year. Initial production of the B-21 Raider nuclear bombers at a low rate really isn't going to make the company any money.
This has now been reiterated by Kathy Worden. The reasons cited are rising labour costs and inflation, which is one of the main enemies of fixed price contracts. The B-21 Raider will start making money once production reaches full capacity.
Kathy Worden did not comment on the information that the White House has requested an additional $2.6bn for the US Air Force's classified programmes. She only noted that Northrop Grumman is working with the military service to have all the resources to make the nuclear bomber project a success.
And so far, everything is on schedule. After a ground engine test in September, the B-21 Raider recently began taxiing tests in Palmdale, Calif. The aircraft will make its first flight in the coming weeks, after which the first contract will be signed for initial small-scale production.
