TSgt Robert Horstman

Northrop Grumman wins the Air Force contract to build the next generation bomber which will replace the B-52 which is headquartered at Barksdale Air Force Base.

This is the next big step by the Pentagon to modernize the United States Air Force fleet as part of the strategic nuclear force.

This new plane, which is expected to enter the fleet in the mid 2020's would initially have a conventional-only bombing role, but it will eventually have nuclear capabilities.

The Air Force plans to buy up to 100 of the new bombers at a cost of $550 million each. The last model of the B-52 still flying dates back to 1962.

Boeing-Lockheed Martin was also trying to land the 60 billion dollar military contract.