#WASHINGTON — Northrop Grumman has taken another charge on its contract to build a module for NASA’s lunar Gateway, bringing its losses for the year on that program to $100 million.
In its fourth quarter and full year 2023 earnings release Jan. 25, the company disclosed a $42 million “unfavorable #EAC [estimate at completion] adjustment” on its contract to build the Habitation and Logistics Outpost (HALO) module for the Gateway. The company recorded a similar $36 million charge in the second quarter and said the overall charge for the year on the contract reached $100 million. #spacenews
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