The U.S. Air Force announced last month that it plans to continue development of a new fleet of nuclear air-launched cruise missiles (ALCMs) with Raytheon Co. as the sole contractor “After an extensive evaluation of contractor programmatic and technical approach during…preliminary design reviews, the Air Force decided to focus on Raytheon’s design,” according to a service press release
In August 2017, the Air Force awarded a $900 million contract to Raytheon to proceed with development of the ALCM replacement, known as the long-range standoff (LRSO) weapon.