Boeing Wins $ 9.2 Billion Deal to Replace JFK-Era Training Jets From Air Force



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Boeing and Saab (saabf) won a massive $ 9.2 billion contract with the US Air Force.

The original agreement covers 351 T-X drive jets, as well as 46 flight simulators and other ground equipment. The new aircraft will replace an extremely old set of training jets, particularly the Northrop T-38, launched in 1961.

Awardees include Lockheed Martin and Italy Leonardo. the Wall Street newspaperthese companies are likely to appeal the decision. Boeing presented a very aggressive offer, considering that the ceiling of the Air Force for the tender was $ 16.3 billion.

The T-38 replacement program has been in development for 15 years now.

"Today's announcement is the culmination of years of constant attention by the Boeing and Saab teams," said Leanne Caret, Boeing's Defense, Space and Security Division Manager. . "This is a direct result of our joint investment in the development of a system focused on the unique needs of the US Air Force. We expect T-X to be a franchise program for most of this century. "

The company said more than 90 percent of its T-X production would be in the United States, supporting more than 17,000 jobs in 34 states. According to Defense News, the figure of $ 9.2 billion for the new agreement would come into play if the Air Force decided to buy 475 aircraft.

Boeing (BA) won a $ 3.9 billion contract earlier this year to build two new Air Force One aircraft for the president. And last month, he won more victories, including a $ 805 million contract for a tanker and a $ 2.38 billion deal to replace Huey helicopters from the Air Force.

However, while he lost on the Air Force deal, Lockheed Martin (LMT) had some good news this week. On Wednesday night, the German parliament lit up the purchase of the Lockheed C-130 Hercules transport aircraft for $ 1.14 billion.

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