The Air Force has received Raytheon's proposal for the Long-Range Standoff Weapon and will seek the Defense Acquisition Board's approval to begin developing the multibillion-dollar, nuclear-armed cruise missile next May, about nine months ahead of schedule. The pending milestone B authorization to start LRSO's engineering and manufacturing development phase will officially make the weapon a program of record in the Air Force’s budget. The service first conducted an analysis of alternatives to replace the aging Air-launched Cruise Missile eight years...