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  • Northrup gets $2bil in secret revenues.

    From CNN

    Secret Bomber Prototype Appears to Be Under Development at Northrop Grumman, Defense Technology International Reports

    NEW YORK, May 27 /PRNewswire-FirstCall/ -- Data in Northrop Grumman’s recent earnings report indicate the company has a classified, sole-source contract to build a demonstrator for the U.S. Air Force’s Next Generation Bomber (NGB), Defense Technology International (DTI) reports in its latest issue. The DTI article, available today in print and online, http://aviationweek.com/aw/generic/s...i&id=news/DTI- Bomber.xml, reports that an unprecedented $2 billion jump in backlog in "restricted programs" listed in the company’s financial report confirms the existence of the contract (copy and paste URL into browser).

    DTI reported in March that USAF budgets showed no funding for the NGB in fiscal years 2008-2010. But in 2007, Northrop Grumman CEO Ron Sugar noted that Integrated Systems, the company’s aircraft division, had made stride in "black" programs, and identified restricted projects as the company’s top new-business opportunity. Also last year, Northrop Grumman acquired Scaled Composites -- a company which has proved that it can develop large prototype aircraft quickly.

    According to DTI, the Northrop Grumman prototype likely will be built on technology that already is under development for the Navy’s X-47B Unmanned Combat Air System Demonstrator, putting within reach the USAF’s goal of a 2018 initial operational capability date for the new bomber. DTI reports that industry and USAF sources have talked about a competition in 2010, leading to the start of systems development and demonstration in 2011, but says "it would be Northrop Grumman’s contest to lose."

    The DTI article, titled "Ultra Stealth: Is Northrop Grumman Building a Secret Bomber Prototype?" was written by Bill Sweetman, editor-in-chief of DTI. Sweetman, who joined DTI in April 2007 from Jane’s Information Group, has written nearly 40 books and hundreds of articles about aircraft technology and advanced weapons systems for the world’s leading aerospace publishers, as well as consumer magazines and newspapers. TIME magazine once described him as "the best authority on high-tech weaponry outside the Pentagon." To contact Sweetman for further details, email william_sweetman@aviationweek.com.

    DTI, part of the McGraw-Hill Companies’ AVIATION WEEK portfolio, is an integrated media business dedicated to covering the interplay of defense technology, funding, operations, programs and policies. Worldwide print circulation includes 38,000 military, government and defense industry decision-makers, as well as defense infrastructure opinion leaders and influencers. In addition to the magazine, the DTI media portfolio includes the ARES defense blog for daily insight and events and management forums.

    About AVIATION WEEK

    AVIATION WEEK, a division of The McGraw-Hill Companies, is the largest multimedia information and services provider to the global aviation, aerospace and defense industries, and includes the publications Aviation Week & Space Technology, Defense Technology International, Business & Commercial Aviation, Overhaul & Maintenance, ShowNews, Aviation Daily, The Weekly of Business Aviation, Aerospace Daily & Defense Report and the World Aerospace Database. The group’s website, http://www.aviationweek.com , offers the industry’s most reliable news, information, search and online community tools. Premium content services include the Aviation Week Intelligence Network, an integrated business tool for managers, business developers, buyers and technical professionals, and MRO Prospector, a unique web-based suite of data and tools for business development and benchmarking in maintenance, repair and overhaul. The group also produces prominent conferences, exhibitions and management forums around the world.

    About The McGraw-Hill Companies

    Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands including Standard & Poor’s, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2007 were $6.8 billion. Additional information is available at http://www.mcgraw-hill.com .

    SOURCE AVIATION WEEK

    Swwweeeeeettt.
    Today, you are the waves of the Pacific, pushing ever eastward. You are the sequoias rising from the Sierra Nevada, defiant and enduring.

  • #2
    TWO FREAKING B-B-B-BILLION????

    Damn, wish I was holding their stock.
    Apolyton's Grim Reaper 2008, 2010 & 2011
    RIP lest we forget... SG (2) and LaFayette -- Civ2 Succession Games Brothers-in-Arms

    Comment


    • #3
      Originally posted by -Jrabbit
      TWO FREAKING B-B-B-BILLION????

      Damn, wish I was holding their stock.
      Dude, you know how much the per unit flyaway cost for their B-2 bomber was?



      $2 billion.

      One of those things was half an aircraft carrier for initial cost.
      Today, you are the waves of the Pacific, pushing ever eastward. You are the sequoias rising from the Sierra Nevada, defiant and enduring.

      Comment


      • #4
        imperialism

        militarism

        death machines

        cool looking death machines that aren't used to kill
        Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...

        Comment


        • #5
          Originally posted by -Jrabbit
          TWO FREAKING B-B-B-BILLION????

          Damn, wish I was holding their stock.
          2 billion is a drop in the bucket.

          These kinds of programs are stupid.
          "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
          Ben Kenobi: "That means I'm doing something right. "

          Comment


          • #6
            Originally posted by Lonestar
            Dude, you know how much the per unit flyaway cost for their B-2 bomber was?



            $2 billion.

            One of those things was half an aircraft carrier for initial cost.
            That's why we should have built more than 20 or so. They're supposed to be roughly $100 million marginally.

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            • #7
              Why do we need a newer Bomber? Does the B-2 not deliver?

              Of course, as a technologist, I am in favor of it.

              JM
              Jon Miller-
              I AM.CANADIAN
              GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.

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              • #8
                Because the Serbs were able to shoot down a B-2.
                Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...

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                • #9
                  Originally posted by chegitz guevara
                  Because the Serbs were able to shoot down a B-2.
                  This is incorrect.

                  Comment


                  • #10
                    I think he's thinking of the F-117. Very different beast.
                    "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                    Ben Kenobi: "That means I'm doing something right. "

                    Comment


                    • #11
                      Right. They shot down a stealth fighter.
                      I'm consitently stupid- Japher
                      I think that opinion in the United States is decidedly different from the rest of the world because we have a free press -- by free, I mean a virgorously presented right wing point of view on the air and available to all.- Ned

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                      • #12
                        I know he's thinking of the F-117.

                        xpost

                        Comment


                        • #13
                          Originally posted by Theben
                          Right. They shot down a stealth fighter.
                          They shot down a stealth bomber that was based on tech at least 10 years older than the B2's, IIRC, and only because we used them really really stupidly.

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                          • #14
                            Ok, next Serb will come in, and this thread will reach 500 by Sunday afternoon.

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