Defense Secretary Ashton Carter, Air Force Secretary Deborah Lee James and Air Force Chief of Staff Gen. Mark A. Welsh III announced that Northrop Grumman had won its bid to be the builder of the Long Range Strike Bomber (LRSB), the Air Force’s replacement for its aging B-52 and B-1 bomber fleets. The initial $21 billion contract could end up bringing Northrop $80 billion over the next decade. Northrop Grumman, which built the B-2, was competing against a consortium of Boeing and Lockheed Martin for the contract.

