Boeing Wins $20 Billion NGAD Fighter Jet Contract, Lockheed Martin Falls

(9min)

Summary

  • Boeing wins the $20 billion NGAD contract, ensuring its fighter jet design and manufacturing capabilities remain intact, crucial for future defense contracts.
  • Lockheed Martin, despite losing the NGAD bid, remains focused on the F-35 program, which continues to have significant procurement and sustainment opportunities.
  • The NGAD program, including the F-47 and collaborative combat aircraft, aims to enhance US air superiority, particularly in response to increased threats from China.
  • The contract award to Boeing preserves competition in the defense sector, preventing a monopoly and ensuring multiple capable manufacturers for future fighter jet programs.
  • Looking for more investing ideas like this one? Get them exclusively at The Aerospace Forum. Learn More »
F22 Raptor

RobHowarth/iStock via Getty Images

President Donald Trump announced that Boeing (NYSE:BA) is the winner of the long-awaited NGAD contract. Earlier this year, there had been turmoil as China fielded its sixth-generation fighter jet, while there were concerns that F-35 funding would be drastically cut.

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum, the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform. 

This article was written by

19.11K Followers

Dhierin-Perkash Bechai is an aerospace, defense and airline analyst.

Dhierin runs the investing group The Aerospace Forum, whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers context to developments as they occur, describing how they might affect investment theses. His investing ideas are driven by data informed analysis. The investing group also provides direct access to data analytics monitors. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BA, LMT, RTX,GE,NOC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About BA Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on BA

Related Stocks

SymbolLast Price% Chg
BA
--
LMT
--