Aviation

Boeing secures $20‑$50 B Air Force fighter contract and $20 B Navy F/A‑XX deal

Based on · First reported · Updated

Boeing secures $20‑$50 B Air Force fighter contract and $20 B Navy F/A‑XX deal
Image: fool.com
  • In March 2025 the U.S. Air Force awarded Boeing an exclusive contract to build the Next Generation Air Dominance fighter, designated F‑47, with a value reported between $20 billion and $50 billion.
  • Last week the Navy awarded Boeing the F/A‑XX sixth‑generation fighter contract, with the development phase valued at $20 billion and including multiple test aircraft for ground, airworthiness, systems and weapons integration testing; the aircraft will carry a native electronic warfare system, replace the F/A‑18 Super Hornet and EA‑18G Growler, and will cooperate with Collaborative Combat Aircraft strike drones developed by Anduril and General Atomics.
  • Boeing Defense, Space and Security has returned to profitability after four straight years of losses and is expected to dominate production of sixth‑generation warplanes, with the Air Force and Navy projected to buy upwards of 370 such fighters.
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