
Northrop Grumman Adjusts Earnings Forecast Due to Stealth Bomber Expenses
4 days ago
In a significant announcement that has caught the attention of investors and industry analysts alike, Northrop Grumman Corporation has revised its earnings outlook for the fiscal year. The defense contractor's updated forecast is primarily influenced by rising costs associated with the development of its advanced stealth bomber program, the B-21 Raider.
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