Northrop Grumman’s revenue grew 16% to $30.1 billion in 2018, partly helped by orders from the US Department of Defense for additional unmanned air vehicles, fighter aircraft and B-21 development work.
The aerospace manufacturer makes the fuselage for the Lockheed Martin F-35 Lightning II in Palmdale, California and Boeing F/A-18 Super Hornet in El Segundo, California. It also is developing the B-21 stealth bomber in California, reportedly in Palmdale.
Northrop Grumman’s aircraft manufacturing division, called Aerospace Systems, grew sales by 8% to $13.1 billion in 2018, principally due to higher volume for restricted activities, such as the B-21, and the F-35 programme, the company said. The B-21 completed its critical design review in December.
Northrop Grumman B-21 Raider rendering
In March 2018, the US Navy announced it was buying 24 F/A-18 Super Hornets for $1.8 billion, and had plans to procure more than 100 additional fighters over the next five years. That renewed interest in the carrier-based fighter is trickling down to Northrop Grumman.
“We’re also in discussions with Boeing on a fourth multi-year proposal for the F/A-18 program,” says Kathy Warden, chief executive of Northrop Grumman, on a 31 January earnings call. “[The] plan now has the programme of record extended through FY ’23 for a total of 110 additional aircraft.”
The manufacturer said sales also increased for several unmanned air vehicle programmes including the MQ-4C Triton, MQ-8 Fire Scout and Firebird. In fact, the day before Northrop Grumman’s earning call, the Defense Department posted a contract notice online stating that it would buy five additional MQ-8C Fire Scout helicopters for $55.1 million.
In 2019, Northrop Grumman projects it will generate about $34 billion in revenue, an about 13% increase.
UAV DACH: Beitrag im Original auf http://www.flightglobal.com/news/articles/northrop-grumman-sales-rise-helped-by-b-21-developm-455455/, mit freundlicher Genehmigung von Flight Global automatisch importiert, Der Beitrag gibt nicht unbedingt die Meinung oder Position des UAV DACH e.V. wieder. Das Original ist in englischer Sprache. Der Beitrag gibt nicht die Meinung von UAV DACH e.V. wieder. Der Beitrag gibt nicht die Meinung von UAV DACH e.V. wieder.