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Friday, July 31, 2015

Report: US strategic bomber spending totals $58B through 2024

B-52 StratofortressThe US government expects to spend $33.1B building its next-generation strategic bomber over the coming decade and a further $24.4B upgrading the Northrop Grumman B-2 and Boeing B-52, according to a 30 July Government Accountability Office report.

The figures come as the US Air Force prepares to award a development contract for the Long-Range Strike Bomber to either Northrop Grumman or a Boeing-Lockheed Martin team. An announcement is expected in late August or early September and could be worth upwards of $80B to the winner for 80 to 100 new bombers.

The 10-year spending projections are accurate as of May 2014, but represent the most comprehensive bomber figures made public so far.

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