LMT · News · 20260930N
F/A-XX Competition Loss
LOCKHEED MARTIN CORP · 2026-09-30 · Importance 65 · Surprise 60 · In source text
The U.S. Navy selected Boeing for the F/A-XX next-generation fighter program, valued at more than $20 billion. The aircraft is intended to replace the F/A-18 Super Hornet during the 2030s. Lockheed Martin withdrew from the competition, eliminating its participation in this major future Navy fighter program.
Key facts
- Lockheed Martin withdrew from the U.S. Navy's F/A-XX competition, after which the Navy selected Boeing for a contract worth over $20 billion to build the F/A-XX. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | probable | — | Lockheed Martin withdrew from the U.S. Navy's F/A-XX competition, after which the Navy selected Boeing for a contract worth over $20… |