Military
Boeing Takes the Wraps Off Proposed Air Force Training Jet
Published:
Last Updated:
In a presentation Tuesday at the company’s defense facility in St. Louis, The Boeing Co. (NYSE: BA) unveiled its entry into the contract competition for a new training jet for the U.S. Air Force. Called the T-X for now, the new aircraft is a clean-sheet design from Boeing and its partner in the bidding, Sweden’s Saab, and would replace the current Air Force trainer, the T-38.
Boeing first teased its design at the Air Force Association conference in September of last year and launched a website last month that offered a “sneak peek” at the design it has prepared with Saab.
Boeing said Tuesday that it will use the two production aircraft that it and Saab have built “to show the U.S. Air Force the performance, affordability, and maintainability advantages” to their T-X. The Boeing website features a new video of a computer-generated T-X.
In late August Northrop Grumman Corp. (NYSE: NOC) and its partners began runway testing of its clean-sheet design to replace the T-38.
As the release of the U.S. Air Force request for proposal (RFP) for a new training jet, the four competitors have all now either shown a modified version of a real plane or drawings of an all-new, clean-sheet design.
In addition to the clean-sheet design from Northrop Grumman and its partners, Lockheed Martin Corp. (NYSE: LMT) and Raytheon Corp. (NYSE: RTN) have also proposed modified versions of existing training jets.
The Air Force released its final draft RFP last month and is expected to have the final document released late this year or early next. That will start the clock running on a one-year evaluation phase according to Aviation Week. A milestone decision is expected early in fiscal year 2018 and entry into service is currently set for 2024.
The initial phase of the contract is worth about $8.4 billion, but the total could run much higher. The Air Force plans to buy 350 of the new planes.
Boeing’s defense president and CEO Leanne Caret said, “Our T-X is real, ready and the right choice for training pilots for generations to come.” The following photo of the real thing is also available at Boeing’s website.
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.