Northrop Grumman B-21 Remains On Track To Meet Key Performance Parameter For Average Procurement Unit Cost Of $550M In Base Year 2010 Dollars
Portfolio Pulse from Benzinga Newsdesk
Northrop Grumman's B-21 Raider, the world's first sixth-generation aircraft, is on track to meet its key performance parameter for Average Procurement Unit Cost of $550 million in Base Year 2010 dollars. The aircraft is performing as expected in flight tests, and the government has fixed price production options for the first 21 aircraft, with additional pricing negotiations for 19 more.
June 18, 2024 | 8:21 pm
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POSITIVE IMPACT
Northrop Grumman's B-21 Raider is on track to meet its cost parameters and is performing well in flight tests. This progress is likely to positively impact the company's stock price in the short term.
The successful performance and cost management of the B-21 Raider, a significant project for Northrop Grumman, is likely to boost investor confidence and positively impact the stock price. The fixed price production options for the first 21 aircraft and the potential for additional orders further support a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100