Boeing, Northrop Grumman await US Navy next-generation fighter contract this week, sources say
Portfolio Pulse from
The US Navy is expected to announce this week the winner of its F/A-XX next-generation carrier-based stealth fighter contract, a program potentially worth hundreds of billions over its lifetime. Boeing, Northrop Grumman, and initially Lockheed Martin have been competing for the contract, which is part of the military's strategy to counter China's growing assertiveness in the Indo-Pacific region.
March 25, 2025 | 9:30 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Boeing is a key contender for the Navy's F/A-XX program, which could provide significant long-term revenue and strategic opportunities for the company's defense division.
The F/A-XX contract represents a major potential revenue stream for Boeing's defense segment. Recent success with the Air Force F-47 contract and ongoing MQ-25 program suggest Boeing is well-positioned. Winning this contract could provide economies of scale and technological cross-pollination opportunities.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Northrop Grumman is a strong contender for the Navy's F/A-XX program, leveraging its proven track record in stealth aircraft design with the B-2 and B-21 bombers.
Northrop Grumman's successful history with stealth bomber designs makes it a compelling candidate for the F/A-XX program. The contract represents a significant potential revenue opportunity and reinforces the company's leadership in advanced military aerospace technology.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 85