Last week, Boeing and Lockheed Martin announced they would team to compete for the Long Range Strike Bomber (LRS-B), the first new heavy bomber the Air Force has developed in 30 years. The announcement sets up a David versus Goliath fight between the two aerospace giants and Northrop Grumman, the only other credible bidder for the program. Northrop brings significant credentials to the table as prime contractor and sustainer of the B-2, the most survivable bomber in the current fleet. However, the Boeing-Lockheed Martin team has a distinct edge in areas such as financial clout, program requirements, relevant experience, industrial skills and institutional relationships. I have written a commentary for Forbes here.
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