a reduced government workforce and ongoing weakness in commercial real estate. Moody’s changed the rating to Aa1 and revised its outlook to negative.

Credit rating agency Moody’s has cut its credit rating for the D.C. government from its top Aaa rating to Aa1 and revised its outlook to “negative,” citing the effects of federal government ...

Northrop Grumman posted a mixed set of Q1 results, as the company sought to manage higher production and manufacturing costs on its B-21 Raider programme, despite achieving a new record backlog of ...

The bond ratings agency downgraded the city’s rating Wednesday from Aaa to Aa1, a drop that will probably make it more expensive for the District to borrow money, potentially costing taxpayers ...

Northrop Grumman posted a drop in profits in the first quarter of 2025. It said higher manufacturing costs for the B-21 Raider stealth bomber were to blame. The plane is the first new stealth ...

Dark Footage The Sea Strikes Back: 1971 Grumman Tracker Accident Explained Posted: April 23, 2025 | Last updated: April 29, 2025 This footage, dated 1971, shows the attempted takeoff of a Grumman ...

Northrop Grumman has revealed that losses relating to the B-21 Raider program now stand in excess of $2 billion. Northrop’s newest loss, reported at $477 million (or $397 million after tax write ...

The first prototype B-21 Raider stealth bomber has been conducting flight tests at Edwards Air Force Base in California since November 2023, as manufacturer Northrop Grumman looks for ways to ramp ...

Northrop Grumman's (NYSE:NOC) shares fell as much as 15% on Tuesday after the aerospace and defense company reported a sharp drop in first-quarter profit and revenue. Management lowered its full ...

Northrop Grumman NOC-1.19%decrease; red down pointing triangle first-quarter earnings and sales missed analysts’ estimates as delayed awards and higher-than-expected costs weighed on results ...

Northrop Grumman is down 0.8% since the beginning of the year, and at $464.08 per share, it is trading 14.7% below its 52-week high of $543.88 from September 2024.

Northrop Grumman was hit with high costs for its B-21 bomber. Lockheed Martin, maker of the F-35 fighter, exceeded forecasts but its shares also declined. Shares of RTX (RTX) slumped Tuesday as ...