The U.S. women's gymnastics team made history on Tuesday at the 2012 Olympics. The group took home the gold in the artistic gymnastics women's team final at the London Games.

It's the first time that Team USA has finished in first place in the event since the 1996 Olympics in Atlanta. That team was known as the "Magnificent Seven," featuring star athletes Shannon Miller, Dominique Dawes and Kerri Strug.

This year's team is now being called the "Fab Five." Jordyn Wieber, Gabby Douglas, Aly Raisman, Kyla Ross and McKayla Maroney were dominant in their victory. They finished the competition with 183.596 points, outscoring second place Russia by 5.066 points. The 2012 squad's margin of victory was even greater than that of the team that won gold 16 years ago.

Russia registered 178.530 points and Romania finished with 176.414 to claim the bronze medal. Defending champion China came in a disappointing fourth place.

According to U.S. coach John Geddert, his team is even better than the Magnificent Seven.

"Others might disagree. The '96 team might disagree. But this is the best team," Geddert said.

Raisman clinched the victory for the U.S. with a 15.3 at the end of the event. The performance helped the United States move past China in total medals through the first four days of competition.

Here's a look at the women's gymnastics team's victory through a gallery of some of the best images of the competition: