Boeing chosen by U.S. navy to develop next-generation fighter jet– www.cnbc.com
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An experimental Boeing 777X aircraft at the Dubai Air Show in Dubai, United Arab Emirates, on Monday, Nov. 17, 2025.
Christopher Pike | Bloomberg | Getty Images
Aircraft manufacturer Boeing has been selected by the Pentagon and U.S. Navy to develop the next generation of fighter jets.
The contract, worth more than $20 billion, is to build its Sixth-Generation F/A-XX Strike Fighter over a long-term phase, the defense departments said. The F/A-XX is intended to replace the service’s fleet of F/A-18 Super Hornets.
The fighter will advance open mission systems architecture, advanced mission systems, and operational reach and capacity, Boeing said in a separate statement. The stock closed 1.8% higher at the end of the trading day on Tuesday.
“The F/A-XX is a critical pillar in our commitment to maintaining peace through strength. F/A-XX will dominate contested airspace, extend operational reach, and deliver a decisive combat advantage for the warfighter,” said Michael P. Duffey, Under Secretary of War for acquisition and sustainment.