The Obama administration has proposed a $526.6 billion defense budget for Fiscal Year 2014 that continues funding for developmental priorities, including the F-35 Joint Strike Fighter, the KC-46A tanker and a future long-range bomber. The President’s base defense budget does not include funding for overseas contingency operations in Afghanistan and does not reflect budget cuts mandated by sequestration.
Facing an uncertain budget environment in the coming months, the U.S. Air Force will nevertheless continue developing a new long-range strike bomber (LRS-B) capable of delivering both conventional and nuclear weapons. “Long term, we’re committed to the long-range strike bomber. We’re going to try to keep programs like that on track,” Air Force Secretary Michael Donley said.