U.S. Navy awards Boeing $20 billion contract to develop sixth‑generation F/A‑XX fighter
On 29 September 2026 the U.S. Navy selected Boeing as the prime contractor for the F/A‑XX, a carrier‑capable sixth‑generation fighter that will replace the service’s F/A‑18E/F Super Hornets and EA‑18G Growlers. The contract is valued at $20 billion and moves the program into the development phase, with first aircraft expected in the 2030s. Boeing’s CEO Steve Parker called the award an honor and said the company is ready to execute the program.
Why it matters
The contract adds a multi‑billion‑dollar revenue stream for Boeing and positions the company as the lead supplier for the Navy’s next‑gen air‑dominance platform, which could boost its defense earnings in the 2030s (Boeing press release).
Key facts
- 1The U.S. Navy awarded Boeing a $20 billion contract for the F/A‑XX program. slashgear.com
- 2The contract award was announced on 29 September 2026. slashgear.com
- 3The F/A‑XX will replace the Navy’s F/A‑18E/F Super Hornets and EA‑18G Growlers. slashgear.com
- 4First aircraft are expected to enter service in the 2030s. slashgear.com
- 5Boeing’s CEO Steve Parker said the award is an honor and the company is ready to execute. newatlas.com
- 6The aircraft is designed for a range of 700 nautical miles. newatlas.com
Summary written by AlphAI from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.