Daily News

Air Force pegs LRSO development at $4.5 billion, dramatically lower than previous estimate

Jason Sherman   Rachel Cohen   | February 22, 2018
The Air Force has revealed the development cost of the Long Range Standoff Weapon to be $4.5 billion, nearly half the tab for the next-generation nuclear cruise missile the service tallied two years ago, according to service budget documents. The Air Force's FY-19 budget request discloses for the first time the service's forecast to develop a replacement for the AGM-86B air-launched cruise missile -- in service since the 1980s -- since awarding Lockheed Martin and Raytheon contracts last summer to...

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