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Boeing to build U.S. Air Force jet with $9.2 billion worth of contract

Airforce said on Thursday, September 27, that they have contracted Boeing to build the U.S. Air Force’s jet.

Boeing is known to be the world’s largest aerospace company and leading manufacturer of commercial jetliners, defense, space and security systems, and service provider of aftermarket support.

Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information, and communications systems, and performance-based logistics and training.

As America’s biggest manufacturing exporter, U.S Air Force chose the company to build the next training jets that will be used as Air Force is planning to buy 351 jets and 46 simulators. The aging fleet of T-38 planes wants to be replaced by The Air Force.

A partnership between Boeing and Sweden’s Saab AB was formed to build new plane outperforming Lockheed Martin Corp and Leonardo DRS.

On a bid where Boeing won, Lockheed proposes their version of T-50 training jet which they developed together with Korea Aerospace Industries Ltd. On the other hand, Italy’s Leonardo DRS also showed its T-100, a  modified version of M-346.

Successfully acquiring the contract is important to Boeing as the company’s “franchise level” was recognized.

Though Leanne Caret, Boeing’s Chief Executive of Defense – Space and Security, acknowledge the difficulty of winning a bid, she tried her very best to help the company win more contracts. The announcement will be an end to the unwavering focus of both Boeing and Saab team, she further added.

First jets were expected to be delivered in 2030 with full operation in 2034.