OTHER NEWS - Jan. 22, 1992
From Times Staff and Wire Reports
Northrop Sees a Bright Future: A Northrop official said that even if the Pentagon limits the B-2 program to just 16 aircraft, it will emerge as a “vibrant” company with up to a $2-billion line of credit for future acquisitions. The official said the company plans to be a survivor in the industry consolidation and would not be unwilling to acquire a company larger than itself. President Bush is expected to announce a big cutback in the B-2 program next week, possibly cutting future production from 75 aircraft to as few as 20.
