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Announcement of B3 bomber companies likely to reshape defense industry

In a few weeks, the Pentagon will announce the companies picked to develop America’s next bomber jet, sparking a budget war that will last for years and reshape the defense industry, experts say.

The Long Range Strike Bomber, which will probably be called the B-3, will provide more bang for the buck than several fighter jets. But it won’t be cheap. It is likely to cost at least $111 billion to acquire 100 planes, says Todd Harrison of the Center for Strategic and Budgetary Assessments. That’s almost twice the amount the Air Force has quoted before, and it assumes no cost overruns.

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