vested in LMT
Boeing Wins F-47 Next Generation Air Dominance Fighter ContractThe Air Force's next and possibly last manned tactical jet will be built by Boeing.
by Thomas Newdick, Tyler Rogoway
Boeing has been announced as the winner of the service’s Next Generation Air Dominance (NGAD) ‘fighter’ initiative.
As the centerpiece of the NGAD effort, the new crewed sixth-generation stealth combat jet, now designated the F-47, is set to change air combat forever, with the Air Force hoping to begin fielding it in the next decade.
The Engineering and Manufacturing Development (EMD) contract for NGAD is expected to be worth approximately $20 billion, although, across the life of the program, the company is in line to receive hundreds of billions of dollars in orders.
Each copy of the jet, once series production commences, has been estimated in the past to cost upwards of $300 million. That is if the original concept for the aircraft has not changed.
It’s also worth noting Lockheed Martin was reportedly recently dropped from the separate competition to build the U.S. Navy’s F/A-XX next-generation carrier-based stealth fighter, which is part of the service’s own (and somewhat confusingly named) NGAD effort.
Lockheed Martin is already highly active in the fighter business, with its F-35 Joint Strike Fighter in production for three U.S. services and multiple foreign countries and with manufacturing of the latest Block 70/72 versions of the F-16 also ongoing. It also continues to sustain the F-22 Raptor.
Source: The War Zone
https://www.twz.com/air/boeing-wins-air ... r-contract
It's all about "how much you made when you were right" & "how little you lost when you were wrong"