The U.S. Air Force has selected Northrop Grumman Corporation (NYSE:NOC) to deliver the nation's new Long-Range Strike Bomber (LRS-B). This selection continues the company's 35-year partnership with the Air Force in providing the world's most advanced long-range strike systems.
"The Air Force has made the right decision for our nation's security," said Wes Bush, chairman, chief executive officer and president, Northrop Grumman. "As the company that developed and delivered the B-2 Spirit stealth bomber, we look forward to providing the Air Force with a highly-capable and affordable next-generation Long-Range Strike Bomber.
"Our team has the resources in place to execute this important program, and we're ready to get to work," Bush added.
Source: Northrop Grumman Corporation (NYSE:NOC)
Date: Oct 27, 2015