Bomber spending by U.S. Air Force projected to double after 2019

The U.S. Air Force projects that its annual spending on long-range bombers will almost double after 2019 as it seeks a new stealth aircraft that may pit Northrop Grumman Corp. against a joint bid from Lockheed Martin Corp. and Boeing Co. The service’s total budget for bomber production and upgrades will jump to about $9.5 billion in fiscal 2020 from less than $5 billion for the previous year beginning Oct. 1, according to a Pentagon document obtained by Bloomberg News.

See the full article at stltoday.com