Lily Aldridge dazzled down the runway in this year's $2 million Fireworks Fantasy Bra at the Victoria's Secret Fashion Show on Tuesday night (10.11.15).

Lily Aldridge in the Fireworks Fantasy Bra

Lily Aldridge in the Fireworks Fantasy Bra

The 29-year-old model had all eyes on her as took to the catwalk at Lexington Avenue Armory in New York and made her debut wearing the diamond encrusted undergarment.

Strutting her stuff with a beaming smile plastered across her face, the brunette beauty oozed confidence as she paraded her toned assets and flaunted the red push-up, featuring jewels sprouting across her bust, and matching lingerie set.

Made up of 6,500 precious gems - including 14 different jewels - the lingerie combination, which took over 685 hours to make, clung to Lily's perfectly honed curves.

A detachable diamond belt was slung around her hips to brighten up the red knickers, made using 526 gems, and a pair of crystal-encrusted blue heels completed the look.

With her chocolate locks caressing her back with every step, Lily was packed with energy as her bright floral angel wings were pinned to her shoulders and towered over her head.

The famous Fantasy Bra was previously worn by Alessandra Ambrosio, with the most expensive, costing $15 million, worn by Gisele Bundchen, 35, in 2000.

Meanwhile, Behati Prinsloo - who walked first in 2014 - again opened this year's show, followed by long-time angel Alessandra and Candice Swanepoel, while Kendall Jenner and Gigi Hadid made their debut.

Themes for the show included snow queens, butterflies, fireworks and carnival, with the finale set to a backdrop of snow and white Christmas trees as Candice, Alessandra, Behati and Lily shared a hug.

Musical performers this year were Selena Gomez, The Weeknd, and Ellie Goulding.

The Victoria's Secret Fashion Show will air on CBS on Tuesday, December 8.