Northrop Grumman is the winner of the Long-Range Strike Bomber (LRS-B) contest, beating a rival team with six times its annual sales. The U.S. Air Force announced Oct. 27 that Northrop Grumman beat a Boeing/Lockheed Martin team in a competition to develop and build 100 of the bombers, which are expected to reach initial operational capability in the mid-2020s. The Pentagon says the next phase of the work, engineering and manufacturing development (EMD), should cost $21.4 ...

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