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Boeing, Lockheed Martin Teaming For Air Force’s Long Range Strike Bomber

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Boeing [BA] and Lockheed Martin [LMT] said Friday they’ll team to pursue the Air Force’s next-generation Long Range Strike Bomber (LRSB) program with Boeing acting as the prime contractor and Lockheed Martin as the primary teammate. The Air Force has made it clear that the LRSB program is one of their top priorities over the next decade, despite declining defense budgets. Chief of Staff Gen. Mark Welsh said last month at the Air Force Association (AFA) conference that the LRSB…

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