ST. LOUIS, The Boeing Company [NYSE: BA] and Lockheed Martin Corporation [NYSE: LMT] are teaming to compete for the United States Air Force's Long-Range Strike Bomber program, with Boeing acting as the prime contractor and Lockheed Martin as the primary teammate.
Dennis Muilenburg, president and chief executive officer, Boeing Defense, Space & Security, said: ""Boeing and Lockheed Martin are bringing together the best of the two enterprises, and the rest of industry, in support of the Long-Range Strike Bomber program, and we are honored to support our U.S. Air Force customer and this important national priority."
Stable planning, along with efficient and affordable development and production approaches, enables our team to reduce development risk by leveraging mature technologies and integrating existing systems."
Separately the companies are developing two of the air force's top priorities, the KC-46 tanker and F-35 Lightning II, respectively, and they partnered on the F-22 Raptor stealth fighter.
Each has delivered key air force capabilities including the B-1B bomber, F-15E strike fighter, and F-117 and F-16 fighters.
Orlando Carvalho, executive vice president of Lockheed Martin Aeronautics, added: "Building on decades of manned and unmanned weapon systems experience, we’re proud to bring our collection of technologies, capabilities and resources to affordably design, develop, produce and sustain the bomber program.
"We’re confident that our team will meet the well-defined system requirements and deliver a world-class next generation Long-Range Strike Bomber to the U.S. Air Force within the budget and timeframe required."
