The Omaha Trophy, which is sponsored by the United States Strategic Command (STRATCOM) and the STRATCOM Consultation Committee, is awarded each year to U.S. military units with intercontinental ballistic missiles, strategic aircraft, strategic space and information operations, as well as to the best ballistic missile submarine.

[1] The trophy is currently presented in four official categories:[2] Selection for the award in each of the categories is based on formal evaluations, meritorious achievement, safety, and other factors, such as community involvement and humanitarian actions.

The committee requested the trophy be presented annually to the command's best wing as a token of recognition and appreciation.

It was first presented in 1971, with the number of awards increasing over the years as the U.S. Strategic Command's mission and structure changed.

[3] The current award of the Omaha Trophy reflects the command's primary missions, emphasis on strategic deterrence, and evolving role in global operations.