Cost of Northrop Satellite System to Grow
From Reuters
The cost of a Northrop Grumman Corp. weather satellite program is expected to grow by 25%, triggering a congressionally mandated review of alternatives, a defense analyst and a source familiar with the program said.
The Pentagon will formally notify Congress soon about the expected cost overrun in the National Polar-Orbiting Operational Environmental Satellite System, said defense analyst Loren Thompson of the Lexington Institute and the source, who asked not to be named.