Northrop Grumman

Pentagon understated cost of new bomber by $25bn, blames ‘human error’

RT | August 31, 2015 Very little is known about the US Air Force’s new long-range strike bomber (LRSB) – including, apparently, the cost. Facing questions over a $25 billion discrepancy in development costs, the Pentagon blamed “human error” and shrugged it off as a “mistake.” The LRSB project is intended to replace the aging […]

Bomb the Budget: US Stealth Bomber Financials Defy Laws of Physics

Sputnik – 19.08.2015 The US Air Force apparently made a ‘slight’ miscalculation worth several billions of dollars regarding the cost of research, procurement and support of its upcoming top-secret long-range bomber, according to media reports. In 2014, in its annual report to the US Congress, the Air Force estimated the cost of the Long-Range Strike […]

The Soaring Profits of the Military-Industrial Complex

There are two major beneficiaries of the two major wars launched by the US government: one domestic and one foreign. The three major domestic arms manufacturers, Lockheed Martin, Northrop Grumman, and Raytheon have delivered record-shattering returns to their investors, CEOs and investment banks during the past decade and a half. The Israeli regime is the overwhelming foreign beneficiary of the war, expanding its territory through its dispossession of Palestinians and positioning itself as the regional hegemon.