Curious. Both F-22 and F-35 are their current flagships which is by LM. Unless The Air Force are not happy with the current state that we don't know about or Trump has some stocks in BA, it baffles me on why they choose to go for Boeing, esp when they at their lowest pointReuters reporting that the Pentagon (headline updated to Trump) will award the NGAD contract on Friday.
The competitors for the contract are Lockheed and Boeing and personally looking at the stock movement I'm going to put a penny on Boeing getting the contract.
That's easy enough to explain, in the case of the US they want to keep manufacturers in the business of making military aircrafts. If they keep giving contracts to the same company the others might eventually atrophy, lose their technical knowhow, go out of business or quit the business entirely. Less manufacturers means less flexibility in design and manufacturing, and potential for getting "uneconomical" proposals, and they're already down to 3 major players in the business, if one of them bails it'd basically be a monopoly. Giving out contracts is about logistical politics and regular politics as much as it is about putting forward a viable platform.Curious. Both F-22 and F-35 are their current flagships which is by LM. Unless The Air Force are not happy with the current state that we don't know about or Trump has some stocks in BA, it baffles me on why they choose to go for Boeing, esp when they at their lowest point
Reuters reporting that the Pentagon (headline updated to Trump) will award the NGAD contract on Friday.
The competitors for the contract are Lockheed and Boeing and personally looking at the stock movement I'm going to put a penny on Boeing getting the contract.
The long-awaited moment is coming folks, the American armed forces are moving towards creating their political commissar arm.
Shares of Boeing were up nearly 5% after the news. The Seattle-based company beat out Lockheed Martin for the deal, and its shares fell nearly 6%.
For Boeing, the win marks a reversal of fortune for a on both the commercial and defense sides of its business. It is a major boost for its St. Louis, Missouri, fighter jet production business.
The engineering and manufacturing development contract is worth more than $20 billion. The winner will eventually receive hundreds of billions of dollars in orders over the contract's multi-decade lifetime.