Aircraft manufacturer wins Long Range Strike Bomber contract worth billions.
The U.S. Air Force has awarded an enormous contract to Northrop Grumman to replace its aging fleet of bombers. The contract covers the Engineering and Manufacturing Development (EMD) and early production for a new Long Range Strike Bomber (LRS-B), and could be worth as much as $77 billion in 2010 dollars.
The Air Force’s current fleet of bombers range in age from 17-plus years for the B-2 to 50-plus years for the B-52, an Air Force press release said.
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