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Northrop Grumman Absorbs Vulcan Booster Costs

Northrop Grumman has raised its full-year 2026 revenue guidance to US$44.25 billion despite absorbing higher cost estimates for its GEM 63XL solid rocket booster program. Financial results disclosed on 21 July 2026 revealed that solid motor cost growth impacted second-quarter margins following launcher performance anomalies.…

July 23rd, 2026
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