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Swan song for the B-52?<br /><br />Reuters story....<br /><br /><blockquote><font class="small">In reply to:</font><hr /><p><b>Boeing, Lockheed join forces to compete for bomber</b><br /><br />Thu Jan 24, 2008 8:00pm EST<br /> <br />By Andrea Shalal-Esa<br /><br />WASHINGTON (Reuters) - Boeing Co (BA.N: Quote, Profile, Research) and Lockheed Martin Corp (LMT.N: Quote, Profile, Research) will announce an agreement on Friday to team up to compete for a next-generation U.S. bomber that the U.S. Air Force wants to deploy in 10 years, two sources familiar with the companies' plans told Reuters.<br /><br />Boeing, the No. 2 U.S. defense contractor, would be the primary contractor, with about 60 percent of the deal, while Lockheed, the No. 1 contractor, would have around 40 percent, said the sources, who did not want to be identified.<br /><br />"Boeing's in the driver's seat," one said.<br /><br />The companies said in a statement earlier on Thursday that they planned to make an announcement on Friday about their efforts to team up to "perform studies and system development efforts for an anticipated U.S. Air Force program."<br /><br />Northrop Grumman Corp (NOC.N: Quote, Profile, Research), which built the last U.S. bomber, the B-2, has also said it plans to compete to build the new bomber -- a deal that defense analysts say could be worth $10 billion or more.<br /><br />"A Boeing-Lockheed team sounds like a stronger combination than any other team," said Loren Thompson of the Virginia-based Lexington Institute, noting that Lockheed would likely be the only U.S. builder of fighter jets in 10 years, while Boeing would be the only U.S. maker of large aircraft.<br /><br />The Air Force announced plans for a new long-range bomber several years ago, but the program has not yet received much attention or funding in the regular defense budget up to now because of competing budget demands.<br /><br />Current plans cal</p></blockquote> <div class="Discussion_UserSignature"> </div>