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Original news
EAFB to test top-secret bomber
By: Allison Gatlin
LANCASTER - It's official.
The nation's next bomber, the B-21 Raider, will be tested at Edwards Air Force Base, the historic proving grounds for the Air Force's arsenal.
Brig. Gen. Carl Schaefer, 412th Test Wing commander at Edwards, publicly announced the testing site for the top-secret bomber during Friday's Antelope Valley Board of Trade Business Outlook Conference.
"For the first time ever, I would like to publicly announce that the B-21 will be tested at Edwards Air Force Base," he said to applause from the crowd. "Edwards has been the home of bomber test and now we also can publicly release that the B-21 is coming to Edwards and we will be testing it here in the near future."
"We are super-excited about continuing to push that capability to our warfighters," he said.
Although it has been widely believed Edwards would be the testing site for the long-range strike bomber, as Edwards personnel are continuing tests for B-52, B-1B and B-2 bomber upgrades, the Pentagon had not confirmed it previously.
Other information regarding the bomber program, including timelines for development and confirmation of the production facility, still remains classified.
Schaefer said Edwards will ramp up to prepare facilities and the workforce needed for the bomber test program, both on the ground and in the air, but no details are available publicly.
Northrop Grumman was awarded the contract for the top-secret bomber in 2015, and local officials have said they've been told it will be produced at the company's Palmdale facility, although neither the Air Force nor Northrop Grumman will confirm where it will be built.
However, the company is expanding its site at Air Force Plant 42 - where it built the B-2 stealth bomber - by a million square feet and has announced plans to expand its workforce there by some 1,700 employees by December 2019.
While details remain classified, a Congressional Budget Office report released late last year said the B-21 program is intended to develop and build 100 aircraft for an estimated $97 billion pricetag.
The approximate timelime suggests production starting in 2022 and concluding in 2034, according to the report.
The B-21 bomber is part of the push for modernizing and re-equipping the nation's armed forces, as reflected in increasing Department of Defense budgets.
"We're in another defense spending upturn," said Ronald Epstein, managing director in America's Equity Research covering aerospace and defense. Epstein also addressed Friday's Business Outlook Conference.
Defense spending upturns typically run in eight-year cycles and the country is in the second year of such a cycle that will likely run to 2024, he said.
The bottom of the current defense spending cycle is equal to the peak of the defense spending cycle during the Reagan Administration, in 2018 dollars, he said.
The previous upturn was focused primarily on paying for war operations in Afghanistan and Iraq, without as much investment in new equipment. That is changing this time around, as the military seeks to replace key systems and equipment bought in the mid-1980s, Epstein said.
"The No. 1 priority right now in defense is replacing the nuclear triad," he said, including the B-2 bomber, the Minuteman missiles and Ohio-class submarines.
On top of that $500 billion effort are other programs such as the F-35 joint strike fighter working its way into operational status for the Air Force, Navy and Marine Corps.
"I would argue we're in the best bull market from a macro perspective for defense spending that we've been in since World War II," Epstein said.
With this growth, he expects to see an average increase in U.S. defense spending of about 10% each year for the next six years.
That bull market extends globally, with other nations also pushing to increase their own defense spending.
"That has driven a very robust backdrop for the U.S. defense stocks," he said.
One driver of this growth can be seen in the news almost daily as North Korea makes strides with its nuclear weapons program, which has led to a growing market overseas in missile defense systems, he said.
Even with bitter partisanship and "all the political noise that's been going on in D.C.," the one thing on which both sides seem to agree is national security spending, he said.