U.S. Air Force seeks $73 billion for Northrop Bomber, ICBM through 2028

The U.S. Air Force’s new five-year spending plan envisions requesting more than $73 billion to develop and procure its new B-21 bomber and Sentinel intercontinental ballistic missile, both produced by Northrop Grumman, according to newly released figures.

For the B-21 bomber, the proposed spending through fiscal 2028 totals $35 billion, including $10.6 billion for development and $20.8 for procurement.

Production spending to buy what’s now envisioned as a fleet of at least 100 bombers would increase to $3.9 billion in 2025 from $108 million last year. It’s projected to hit $5.6 billion in fiscal 2028.

Proposals for Northrop’s LGM-35A Sentinel ICBM calls for $38.5 billion, including about $15 billion in research and development and $19 billion in procurement, which would jump from $539 million requested for fiscal 2024 to $5.7 billion in fiscal 2026. An additional $19.4 billion is planned for related military construction.

The current goal for the missile to have operational capability is May 2029.

The five-year plan that’s part of the annual budget process also disclosed proposed major research spending of $16.2 billion to develop a successor to the F-22 stealth fighter called the Next Generation Air Dominance-Manned Fighter. It also anticipates $6.4 billion for a still-undefined family of as many as 1,000 drones, or Collaborative Combat Aircraft, that in theory could fly as pilotless wingmen on multiple missions.

Air Force Secretary Frank Kendall disclosed the concept this year.

Development funding for the drones would spike from the $51.7 million Congress approved for this year to $3.1 billion in fiscal 2028. Research spending on the piloted fighter is projected to increase from $1.65 billion approved for this year to $4 billion in 2028, according to the Air Force figures. No contractors have been selected for either program so the numbers portend major competitions.

The Pentagon and military services last week released the broad outlines of their proposed fiscal 2024 budgets but not the fiveyear specifics that are of particular interest to corporate boards, investors and defense analysts. Those figures started to be disclosed late Friday in so-called Justification, or J-Books.

In a reassurance to Lockheed Martin, the Air Force plans to procure 48 F-35A models each year through 2028, as planned, for $31 billion in procurement.

The Air Force is the largest customer in what’s now a $412 billion acquisition program.