The B-1R is a proposed upgrade of existing B-1B aircraft.[143] The B-1R (R for “regional”) would be fitted with advanced radars, air-to-air missiles, and new Pratt & Whitney F119 engines. This variant would have a top speed of Mach 2.2, but with 20% less range.

Existing external hardpoints would be modified to allow multiple conventional weapons to be carried, increasing overall loadout. For air-to-air defense, an Active electronically scanned array (AESA) radar would be added and some existing hardpoints modified to carry air-to-air missiles. If needed the B-1R could escape from unfavorable air-to-air encounters with its Mach 2+ speed. Few aircraft are currently capable of sustained speeds over Mach 2.