Northrop Grumman Wins Lucrative 'Strike Bomber' Contract
Northrop Grumman won a contract to provide the U.S. Air Force with 80 to 100 new Long Range Strike Bombers that are expected to be ready around 2025.By Grant Suneson | October 27, 2015
Tuesday, the Air Force announced Northrop Grumman will build a new fleet of Long Range Strike Bombers or LRS-Bs, beating out a combination bid from Boeing and Lockheed Martin.
The LRS-Bs will serve as a follow-up to the U.S. B-52s and B-1s. The Air Force is aiming to retire those aging aircrafts by the mid-2040s.
The Pentagon wants 100 of the new planes and projects they will cost around $550 million apiece. But other estimates set the price tag much higher.