JSF price jump stems from general inflation, not program costs

Article Abstract:

An abrupt rise in the cost of the F-35 Joint Strike Fighter (JSF) stems from a routine inflation adjustment and it is not a sign that the JSF program costs are spiraling out of control. The JSF is estimated to increase by $11.8 billion, which does not stem from rising JSF program, rather it reflects the general inflation in the economy that involves soaring energy commodities and other prices.

Commodity & service prices, Management dynamics, Aircraft Manufacturing, Military Aircraft, Management, Prices and rates, Defense programs, Company business management, Joint Strike Fighter (Aircraft), Company pricing policy, Defence programs

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Pension plans hurt Northrop results in 2003 but may help in 2004

Article Abstract:

After posting robust profits in recent quarters, Northrop Company suffered loss in the year 2003, due to employee pension costs, but the projections indicate a profit in the year 2004. The reason in the drop of share in the quarterly earnings is due to revenues which had to be spread over a far greater number of shares that are outstanding in large number.

Sales, profits & dividends, Personnel administration, Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Compensation and benefits, Company sales and earnings, Aircraft industry, Company earnings/profit, Northrop Corp.

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