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The development of large strategic bombers stagnated in the later part of the Cold War because of spiraling costs and the development of the Intercontinental ballistic missile ( ICBM ) – which was felt to have equal deterrent value while being much more difficult to intercept.
Because of this, the United States Air Force XB-70 Valkyrie program was cancelled in the early 1960s ; the later B-1B Lancer and B-2 Spirit aircraft entered service only after protracted political and development problems.
Their high cost meant that few were built and the 1950s-designed B-52s continued in use into the 21st century.
Similarly, the Soviet Union used the intermediate-range Tu-22M ' Backfire ' in the 1970s, but their Mach 3 bomber project came to naught.
The Mach 2 Tu-160 ' Blackjack ' was built only in tiny numbers, leaving the 1950s Tupolev Tu-16 and Tu-95 ' Bear ' heavy bombers to continue being used into the 21st century.

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