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Matt Donovan: USAF to Spend $2B Bomber Fund Request on Software Devt, Recruitment

Matt Donovan, Air Force undersecretary, has said the service’s $2 billion funding request for the B-21 bomber aircraft program for fiscal year 2018 would be spent on software development and staffing efforts at Northrop Grumman (NYSE: NOC), Bloomberg Technology reported Wednesday.

The military branch will also allocate part of the requested funds to the production of engineering drawings for the aircraft’s “clean-sheet design,” Donovan said in a Tuesday interview.

He noted that Northrop’s work on the bomber is “generally on track” and “within the windows of expected progress that we’ve expected at this point,” the report added.

The Air Force selected Northrop in October 2015 for the potential $80 billion contract to build at least 100 B-21 units.

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