To make this website work, we log user data. By using Shephard's online services, you agree to our Privacy Policy, including cookie policy.

Open menu Search

Q3 revenues grow but air programme sales abate for Northrop Grumman

3rd November 2021 - 16:25 GMT | by The Shephard News Team


B-2 Spirit stealth bomber. (Photo: USAF/Tech Sgt Heather Salazar)

Northrop Grumman reports lower Q3 sales on various USAF programmes.

Northrop Grumman saw sales in its Aeronautics division dip by 6% year on year to $2.72 billion in Q3 2021, citing lower activity on ‘manned aircraft and autonomous systems, including restricted programmes'.

These programmes included the F-35 Lightning II, the B-2 defensive management systems modernisation programme and ‘certain’ RQ-4 Global Hawk programmes, the manufacturer announced on 28 October.

Overall, Northrop Grumman saw year-on-year organic sales grow by 3% in Q3 to reach $8.7 billion.

Northrop Grumman Defense Systems saw Q3 sales fall by 24% year on year to $1.41 billion, mainly due to the divestment of its IT services business.

However, activity increased for Mission Systems in programmes such as the Ground Based Strategic Deterrent, which also contributed to a 22% sales increase in the Space Systems division.

The Shephard News Team


The Shephard News Team

As part of our promise to deliver comprehensive coverage to Premium News and Defence Insight …

Read full bio

Share to