Boeing, Lockheed Martin and Northrop Grumman are vying for the NGAD program while the three military services are teaming on uncrewed aircraft development.
The capital investments by Boeing are supporting the company's "future franchise" programs, which possibly include the Next Generation Air Dominance program.
Rather than proceeding with a new F-35 engine, the service is using remaining Adaptive Engine Transition Program funds for sixth-generation development.
Editors discuss Northrop's exit from the U.S. Air Force’s competition to replace the F-22 and the implications of L3Harris’ acquisition of Aerojet Rocketdyne.
Northrop Grumman’s sales rose 9% year-on-year to $9.6 billion in the second quarter while earnings-per-share (EPS) fell to $5.34 from $6.06 a year ago.
Northrop's move leaves Boeing and Lockheed Martin as the likely surviving bidders for the fighter at the heart of the Next Generation Air Dominance program.
The White House on July 10 announced strong opposition to several aspects of the House Armed Services Committee’s version of the 2024 defense policy bill.
