Northrop Grumman Corporation (NOC) is looking forward to more U.S. Air Force contracts for the B-21 program by the end of 2021. The company had received $4.5 billion from Congress to speed up the production of the stealth bomber, but discussions are slowed due to a government shutdown.

If an agreement is reached, Northrop Grumman plans to increase investments to boost production, potentially leading to higher revenue in 2026. CEO Kathy Warden stated that the financial profile will depend on production rates and negotiation outcomes with the Air Force.

The U.S. Air Force aims to acquire at least 100 B-21s to replace older aircraft by the 2030s. Discussions for more than 100 B-21s will be separate from production acceleration talks. Northrop Grumman is a global defense contractor working on advanced systems in aeronautics, space, and defense electronics.

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Read more at Yahoo Finance: Northrop Grumman Corporation (NOC) Eyes More Air Force Contracts For B-21 By Year End