Boeing earned a contract to build the U.S. Air Force's top air dominance fighter, the F-47 and the service has plenty of options to base operational squadrons both in the U.S. and overseas. The sixth-generation aircraft is intended to replace the Air Force's existing top fighter,

Boeing has been awarded the contract to build the U.S. Air Force's most sophisticated fighter jet yet, dubbed the F-47, beating out competition from Lockheed Martin for a program worth more than $20 billion.

“After a rigorous and thorough competition between some of America's top aerospace companies, the Air Force is going to be awarding the contract for the Next Generation Air Dominance platform to Boeing,” Trump said. Boeing beat out Lockheed Martin, its only rival for the NGAD contract after Northrop Grumman dropped out last year.