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A top-secret desert plant is booming as Northrop ramps up production on new B-21 stealth bombers

11 monthes ago   |   By

Northrup Grumman
A Northrop Grumman contract to build top-secret B-21 stealth bombers is booming.
New employees are working out of trailers and tents.
About 30% to 50% of the Air Force's $2 billion B-21 budget for fiscal 2018 is flowing through Northrop.
PALMDALE, Calif. - Call it the bomber boom.
A Northrop Grumman contract to build top-secret B-21 stealth bombers has brought more than a thousand new employees to the Mojave Desert northeast of Los Angeles.
The U.S. Air Force contract for 100 of the bat-winged aircraft is estimated to run about $80 billion. The funding has wide support in...
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Goldman Sachs' new online lending business just hit a $2 billion milestone

Goldman Sachs' new online lending business just hit a $2 billion milestone

11 monthes ago   |   By

Goldman Sachs
Goldman Sachs launched Marcus , an online lending business for customers seeking loans of $30,000 or less, in October 2016.
The business hit a $2 billion milestone last night, according to CFO Marty Chavez.
Goldman Sachs' Marcus business just hit a $2 billion milestone.
The US bank launched online lending business Marcus last October, and passed the $1 billion mark this summer. In a September presentation, the bank said it expected to have lent out $2 billion by year end.
But in a presentation on Tuesday, chief financial officer Marty Chavez said the bank hit that milestone...
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