- Jun 19, 2014
WASHINGTON — Northrop Grumman expects the Air Force to award the first production contract for the B-21 Raider stealth bombers later this year.
In an earnings call with analysts Thursday, Chief Financial Officer Dave Keffer said the expected contract will be for the first of five low-rate initial production lots. The LRIP phase is scheduled to run through roughly the end of the decade, he said.
Northrop eyes low-rate production contract for B-21 this year
Northrop is wary of inflation and said more companies are pushing back on fixed-price contracts.