Boeing wins US Navy fighter contract
Boeing has won the US Navy next-generation fighter contract following its Air Force win last year. The dual victories help the company overcome past defense overruns.
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BOEING CO secured the United States Navy's F/A-XX fighter contract worth more than $20B in its initial development phase, marking its second major defense victory in two years. The win follows last year's award for the Air Force's F-47 program, positioning the aerospace manufacturer to dominate military aircraft production for decades. The dual victories offer an opportunity to move past years of costly program overruns and spacecraft setbacks.
