Author: Jane Edwards|| Date Published: October 26, 2017
Matt Donovan, Air Force undersecretary, has said the service™s $2 billion funding request for the B-21 bomber aircraft program for fiscal year 2018 would be spent on software development and staffing efforts at Northrop Grumman (NYSE: NOC), Bloomberg Technology reported Wednesday.
The military branch will also allocate part of the requested funds to the production of engineering drawings for the aircraft™s œclean-sheet design, Donovan said in a Tuesday interview.
He noted that Northrop™s work on the bomber is œgenerally on track and œwithin the windows of expected progress that we™ve expected at this point, the report added.
The Air Force selected Northrop in October 2015 for the potential $80 billion contract to build at least 100 B-21 units.
Textron plans to separate its industrial segment from its aerospace and defense businesses. The Providence, Rhode Island-headquartered firm said Thursday…
OSIbeyond has introduced a compliance-as-a-service, or CaaS, offering designed to help defense contractors secure and maintain Cybersecurity Maturity Model Certification.…
Raytheon, an RTX business, has received a $206.2 million contract from the U.S. Navy to integrate advanced Global Positioning System capabilities into…
Matt Donovan, Air Force undersecretary, has said the service™s $2 billion funding request for the B-21 bomber aircraft program for fiscal year 2018 would be spent on software development and staffing efforts at Northrop Grumman (NYSE: NOC), Bloomberg Technology reported Wednesday.
