STOXPO
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
STOXPO
No Result
View All Result
Home Industrials Aerospace & Defense
airplane

Boeing Lands $20 Billion Contract for Next-Gen Fighter Jet

byLuca Blaumann
March 21, 2025
in Aerospace & Defense, Large-Cap
Reading Time: 2 mins read
Share on TwitterShare on LinkedIn

Victory over Lockheed Martin boosts Boeing’s defense division amid broader struggles

Boeing (BA) has secured a major victory in the defense sector, winning the U.S. Air Force contract to build its most advanced fighter jet under the Next Generation Air Dominance (NGAD) program, according to sources familiar with the matter. The contract, awarded by President Donald Trump on Friday, represents a significant milestone for Boeing and a setback for rival Lockheed Martin.

The NGAD program aims to replace Lockheed Martin’s F-22 Raptor with a sixth-generation, crewed fighter aircraft designed to operate in tandem with drones. While specific design details remain classified, the aircraft is expected to feature stealth capabilities, cutting-edge engines, and advanced sensor systems to counter threats from adversaries such as China and Russia.

Shares of Boeing rose 5% following the news, while Lockheed Martin’s stock dropped nearly 6%. Both companies declined to comment ahead of the White House’s official announcement, expected Friday morning.

For Boeing, this contract is a much-needed boost for its defense operations, particularly its fighter jet production facility in St. Louis, Missouri. The engineering and manufacturing development portion of the contract is valued at over $20 billion, with the potential for hundreds of billions in future orders over the program’s multi-decade lifespan.

The win comes as Boeing struggles to stabilize its commercial business, especially as it works to ramp up production of its 737 MAX jet. Its defense unit has also faced challenges with underperforming contracts in refueling tankers, drones, and training aircraft.

Lockheed Martin, meanwhile, faces increased uncertainty in the high-end fighter market following this loss and its recent elimination from the Navy’s next-generation stealth fighter competition. The shift toward drone integration has sparked debate, with figures like Elon Musk questioning the long-term relevance of crewed fighter jets in favor of more cost-effective unmanned systems.

You might like this article:Apple’s Streaming Gamble: Over $1 Billion in Annual Losses on Apple TV+

Tags: BAboeingGrowthLMTLockheed MartinMoversNewsStock Market
Previous Post

Apple’s Streaming Gamble: Over $1 Billion in Annual Losses on Apple TV+

Next Post

GameStop Surges 13% After Announcing Bitcoin Investment Plan

Related Posts

Kroger Shares Surge 9% After Sales Forecast Hike Despite Mixed Quarter

byLiliana Vida
June 20, 2025
0

Grocery giant raises same-store sales outlook while navigating leadership uncertainty and a tough retail landscape Kroger (KR) stock jumped 9%...

Intel Hires Top Industry Talent to Bolster Engineering and AI Teams

byLiliana Vida
June 18, 2025
0

CEO Lip-Bu Tan accelerates leadership overhaul with key executive appointments amid turnaround push Intel (INTC) has made a bold move...

investing

AMD’s Growth Engine Accelerates as Piper Sandler Raises Price Target to $140

byLiliana Vida
June 16, 2025
0

Strong execution, AI momentum, and expanding market share fuel bullish outlook Advanced Micro Devices (AMD) is quickly cementing its position...

Next Post
GameStop

GameStop Surges 13% After Announcing Bitcoin Investment Plan

Latest News

Kroger Shares Surge 9% After Sales Forecast Hike Despite Mixed Quarter

Intel Hires Top Industry Talent to Bolster Engineering and AI Teams

MIRA Pharmaceuticals Secures Key Publication for Ketamir-2, a Next-Gen Ketamine Analog

AMD’s Growth Engine Accelerates as Piper Sandler Raises Price Target to $140

Strategy Doubles Down on Bitcoin with $1.05B Buy Despite Market Jitters

Based on Your Interest

Asset Management

Lloyd Financial CEO & CIO Sees Golden Opportunity in Treasuries and Utilities Amid AI-Driven Deflation

June 13, 2025
Aerospace & Defense

Defense Stocks Rally as Middle East Tensions Escalate Following Israeli Airstrikes

June 13, 2025
code-3
Semiconductors

Oracle Soars on Cloud Optimism and AI Momentum

June 12, 2025

Recommended

Large-Cap

Micron to Invest $30 Billion More in U.S. Semiconductor Expansion

June 12, 2025
Artificial Intelligence

Quantum Computing Stocks Soar After Nvidia CEO’s Bullish Outlook

June 11, 2025
Mega-Cap

Revolutionizing the Barista Experience: Starbucks Rolls Out Generative AI Assistant

June 10, 2025
Electrical Equipment

Ideal Power Signs Strategic Distribution Deal With Kaimei Electronic Corp

June 10, 2025
Brokerages

Circle Stock Soars 300% Post-IPO as Crypto Momentum Accelerates

June 9, 2025
Stoxpo

Follow us on social media:

Highlights

  • Kroger Shares Surge 9% After Sales Forecast Hike Despite Mixed Quarter
  • Intel Hires Top Industry Talent to Bolster Engineering and AI Teams
  • MIRA Pharmaceuticals Secures Key Publication for Ketamir-2, a Next-Gen Ketamine Analog
  • AMD’s Growth Engine Accelerates as Piper Sandler Raises Price Target to $140
  • Strategy Doubles Down on Bitcoin with $1.05B Buy Despite Market Jitters

Category

  • Blog
  • Communication Services
    • Entertainment
    • Internet
    • Telecommunications
  • Companies
    • Large-Cap
    • Mega-Cap
    • Micro-Cap
    • Mid-Cap
    • Small-Cap
  • Consumer Cyclical
    • Auto Manufacturers
    • Casinos & Gambling
    • Ground Transportation
    • Hospitality
      • Casinp
      • Resorts & Lodging
      • Restaurants
      • Travel
        • Airlines
    • Retail
    • Textiles, Apparel & Luxury Goods
  • Consumer Defensive
    • Beverages
    • Discount Stores
    • Distributor
    • Ecommerece
    • Electrical Equipment
    • Foods
    • Household & Personal Products
    • Leisure Products
    • Tobacco
  • Contributions
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Economy
  • Energy
    • Electric
    • Oil & Gas
    • Renewables
  • Financial Services
    • Asset Management
    • Banks
    • Brokerages
    • Credit Services
    • Insurance
  • Healthcare
    • Biotechnology
    • Medical Devices
    • Pharmaceuticals
  • Industrials
    • Aerospace & Defense
    • Construction
    • Industrial Machinery
  • Materials
    • Building Materials
    • Chemicals
    • Gold
    • Mining
    • Silver
    • Steel
  • Q&A's
  • Real Estate
  • Technology
    • Artificial Intelligence
    • Computer Hardware
    • Consumer Electronics
    • Cybersecurity
    • IT Services
    • Semiconductors
    • Software
  • Utilities

Latest News

Kroger Shares Surge 9% After Sales Forecast Hike Despite Mixed Quarter

June 20, 2025

Intel Hires Top Industry Talent to Bolster Engineering and AI Teams

June 18, 2025

MIRA Pharmaceuticals Secures Key Publication for Ketamir-2, a Next-Gen Ketamine Analog

June 18, 2025
  • About
  • Privacy Policy
  • Contact

© 2024 All Rights Reserved: STOXPO.

No Result
View All Result
  • Latest News
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Technology
    • Software
    • Semiconductors
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions

© 2024 All Rights Reserved: STOXPO.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More

In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information

Accept Cookie Settings
Cookies are small text files that can be used by websites to make a user's experience more efficient. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission. This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
  • Always Active
    Necessary
    Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
  • Marketing
    Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
  • Analytics
    Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
  • Preferences
    Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
  • Unclassified
    Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
Cookie Settings

Do you really wish to opt-out?