When Lockheed Martin’s X-35 beat the Boeing X-32 to win the trillion-dollar Joint Strike Fighter program in 2001, Boeing might have thought its days in the fighter business were numbered. Sixteen years later, Boeing’s F-15 and F/A-18 appear to have survived the stealth craze of the past two decades that threatened to render them obsolete in the fighter market. As Lockheed’s F-35 Joint Strike Fighter and now-terminated F-22 Raptor languished in programs that were over cost ...

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