The U.S. Air ForceÂ hasÂ unveiled the names of seven companies that will partnerÂ with Northrop Grumman (NYSE: NOC) to help build a fleet of B-21Â Long Range Strike Bomber planes for the military service, Defense News reported Monday.
Lara SeligmanÂ writes Air Force Secretary Deborah Lee James saidÂ in a news briefing at the Pentagon thatÂ Pratt & Whitney, a unitÂ ofÂ United TechnologiesÂ (NYSE: UTX), Â will produce the B-21’s engine technology.
The report said the military branch also chose the following vendors to manufacture keyÂ mission systems of the aircraft:
- BAE Systems
- GKN Aerospace
- Janicki Industries
- Orbital ATKÂ (NYSE: OA)
- Rockwell Collins (NYSE: COL)
- Spirit AeroSystems (NYSE: SPR)
TheÂ estimated cost for the LRS-B development phase isÂ $23.5 billion and the Air Force plansÂ toÂ buyÂ up to 100 of the B-21s from the Northrop-led team for a total potential cost ofÂ $55 billion, National Defense Magazine’s Sandra ErwinÂ reported.
Northrop was awarded a cost-plus contract in October to develop the military branch’s future bomber.
A team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) alsoÂ competed for the contract and protested the award, but the companies’Â protest was denied by the Government Accountability OfficeÂ in February.
Boeing and Lockheed haveÂ decidedÂ not toÂ bring their challenge of the LRS-B contract award to federal claims court.