The U.S. Air Force has selected the Boeing T-X advanced pilot training system, which features an all-new aircraft designed, developed and flight-tested by the team of Boeing and Saab. (John Parker / Boeing)
Reuters: Boeing wins $9.2 billion contract for new Air Force training jet
Boeing Co (BA.N) was selected to build the U.S. Air Force’s next training jet in a contract worth up to $9.2 billion over the life of the program, the Air Force said on Thursday.
Boeing teamed up with Sweden’s Saab AB (SAABb.ST) to develop a new plane for the competition, beating out Lockheed Martin Corp (LMT.N) and Leonardo DRS (LDOF.MI).
The Air Force plans to purchase 351 of the jets. The service expects the program to reach full operation in 2034.
In its bid, Lockheed had offered a modified version of its T-50 training jet developed jointly with Korea Aerospace Industries Ltd (047810.KS) while Italy’s Leonardo DRS had offered the T-100, a modified version of the Italian aerospace company’s M-346.
The Air Force wants to replace its aging fleet of T-38 planes, which are nearly 50 years old. Analysts have said it could eventually buy up to 600 planes.
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More News On Boeing Winning The USAF's T-X Jet Trainer Contract
Air Force awards next-generation fighter and bomber trainer -- US Air Force
US Air Force awards $9B contract to Boeing for next training jet -- Defense News
Boeing Wins Big Again And Claims The USAF's Huge T-X Jet Trainer Deal -- The Drive
Here Are The Specific Terms Of The USAF's T-X Contract That Boeing Just Won -- Warzone/The Drive
Boeing wins $9.2 billion to build Air Force's next trainer aircraft -- CNBC
Air Force Picks Boeing to Make Its Next Trainer -- Military.com
Air Force awards $9 billion contract to Boeing for new training jets -- CNN
Boeing wins $9.2B Air Force Trainer program in a big boost for its defense side -- Seattle Times
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