EconomyLens.com
No Result
View All Result
Tuesday, June 17, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Trump says Boeing won next-generation F-47 fighter jet contract

Natalie Fisher by Natalie Fisher
March 23, 2025
in Other
Reading Time: 6 mins read
A A
2
22
SHARES
281
VIEWS
Share on FacebookShare on Twitter

US President Donald Trump speaks alongside Secretary of Defense Pete Hegseth in the Oval Office of the White House on March 21, 2025. ©AFP

Washington (AFP) – Donald Trump announced Friday that Boeing has been awarded the contract for the Air Force’s next-generation stealth fighter plane, which the 47th US president said would be named the F-47. “Nothing in the world comes even close to it, and it’ll be known as the F-47. The generals picked a title, and it’s a beautiful number, F-47,” said Trump at the White House.

Related

Taiwan tests sea drones as China keeps up military pressure

G7 leaders urge Trump to ease off trade war

Oil prices rally, stocks slide as traders track Israel-Iran crisis

Oil prices rally, stocks mixed as traders track Israel-Iran crisis

Venezuela’s El Dorado, where gold is currency of the poor

The announcement is a boon for Boeing, which struggled last year with a lengthy labor strike and safety problems on its civilian airliners. The contract aims to develop the replacement for the F-22 jet — which has been in operation for some two decades — with a new, more advanced aircraft able to operate alongside uncrewed drones. “After a rigorous and thorough competition between some of America’s top aerospace companies, the Air Force is going to be awarding the contract for the Next Generation Air Dominance (NGAD) platform to Boeing,” Trump said in televised remarks in the Oval Office. He said the price of the contract could not be revealed for security reasons.

Defense Secretary Pete Hegseth, speaking alongside Trump, said the new aircraft “sends a very direct, clear message to our allies that we’re not going anywhere, and to our enemies that…we will be able to project power around the globe unimpeded for generations to come.” Boeing said in a statement that the NGAD selection “builds on Boeing’s fighter legacy and establishes a new global standard for 6th generation capability.” Boeing is also competing with Northrop Grumman for a contract for the US Navy’s next-generation aircraft.

Lockheed Martin, which was also in the running for the Air Force contract, said it was “disappointed with this outcome,” but was “confident we delivered a competitive solution.” The NGAD effort was paused in 2024 over cost concerns — a major focus of the Trump administration, which has tasked billionaire donor Elon Musk with slashing government spending through the Department of Government Efficiency (DOGE). The Congressional Budget Office estimated in 2018 that the NGAD airframe could cost up to $300 million apiece — significantly more than various other aircraft currently in the US inventory.

In 2024, “officials cast doubt on whether the Air Force could afford to develop the NGAD alongside programs including the B-21 Raider bomber and the Minuteman III ICBM replacement,” the Congressional Research Service said in a report earlier this year. A senior Air Force officer said earlier this month that the service conducted a study following the pause, which concluded that “not only in the past, not only in the present but in the future, air superiority matters.”

“What this study told us is we tried a whole bunch of different options and there is no more viable option than NGAD to achieve air superiority in this highly contested environment,” Major General Joseph Kunkel told the AFA Warfare Symposium in Colorado. The F-47 will replace the F-22 Raptor, which features stealth technology, a high degree of maneuverability, and the ability to supercruise, or maintain supersonic flight without afterburners.

Little is known about the capabilities of the F-47, but Trump said the new jet will be “virtually unseeable” with unmatched maneuverability and power, and the ability to fly “with many drones, as many as we want, and that’s something that no other plane can do.”

© 2024 AFP

Tags: BoeingdefenseDonald Trump
Share9Tweet6Share2Pin2Send
Previous Post

Massive disruption after power outage shuts London’s Heathrow airport

Next Post

EU tariffs not a deterrent, says Chinese EV maker XPeng

Natalie Fisher

Natalie Fisher

Related Posts

Other

Oil prices jump after Trump’s warning, stocks extend gains

June 17, 2025
Other

Despite law, US TikTok ban likely to remain on hold

June 16, 2025
Other

OpenAI wins $200 mn contract with US military

June 16, 2025
Other

G7 leaders urge Trump to ease off trade war

June 17, 2025
Other

Struggling Gucci owner names new CEO

June 16, 2025
Other

Oil prices drop, stocks climb as Iran-Israel war fears ease

June 16, 2025
Next Post

EU tariffs not a deterrent, says Chinese EV maker XPeng

Trump suggests Tesla vandals be jailed in El Salvador

Trump denies reports Musk to receive 'top secret' China briefing

Counter-terror police probe fire that shut London Heathrow

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

US retail sales slip more than expected after rush to beat tariffs

June 17, 2025

Taiwan tests sea drones as China keeps up military pressure

June 17, 2025

G7 leaders urge Trump to ease off trade war

June 17, 2025

Oil prices rally, stocks slide as traders track Israel-Iran crisis

June 17, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.