Air Force Proposes $5 Billion Down Payment for New Bomber Fleet

By Jason Sherman / August 24, 2006 at 5:00 AM
The Air Force is proposing a $5 billion down payment for a next-generation long-range strike aircraft, money the service hopes will propel research and development needed to meet the Pentagon's goal of fielding a new bomber fleet by 2018, according to sources familiar with new Air Force investment plans. This robust commitment -- detailed in the Air Force's proposed six-year spending plan, which was submitted to the Office of the Secretary of Defense earlier this month -- would accelerate bomber...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.