Navy selects Boeing to build next-generation carrier fighter jet

The U.S. Navy has chosen Boeing to build its next generation of carrier-based fighter jets. The contract is worth more than $20 billion. Boeing beat Northrop Grumman to win the deal. The new aircraft, called the F/A-XX, will replace the F/A-18 Super Hornet in the 2030s. It will have stealth technology, longer range, and the ability to work alongside unmanned aircraft. Boeing will build the jets at its factory in St. Louis, Missouri. The contract could grow to hundreds of billions of dollars if more aircraft are ordered. This is Boeing's second major fighter contract in less than a year, after it won an Air Force deal in March 2025. Boeing's share price rose about 2% after the announcement.