This is a major defense contract win for Boeing, marking a significant shift in the Next Generation Air Dominance (NGAD) program.
Key Takeaways:
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Boeing Wins NGAD Contract
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The F-47 will replace the F-22 Raptor, which has been in service for over two decades.
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It will feature stealth capabilities and work alongside uncrewed drones.
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Trump’s Announcement
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Says the contract price is classified for security reasons.
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Calls the F-47 “the best in the world” and highlights its importance for global power projection.
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Boeing’s Comeback?
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After a tough year (labor strikes & safety concerns), this boosted its stock price by nearly 5%.
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Historically, Lockheed Martin dominated stealth fighter contracts (F-22, F-35), so this is a big win for Boeing.
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What’s Next?
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Will Lockheed Martin or Northrop Grumman challenge this decision?
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How will this affect US airpower strategy?
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What new capabilities will the F-47 bring?