The Trump administration has shocked industry observers by choosing aerospace firm Boeing to build the US military’s next-generation F-47 fighter jets — beating out competitor Lockheed Martin. The Pentagon awarded Boeing the contract for its most ambitious and expensive jet-fighter program yet — despite Boeing not having successfully introduced a new commercial or military aircraft in over a decade.

Boeing was selected last week by the Pentagon to build the Air Force’s next-generation manned jet fighter, beating out Lockheed Martin in a move that surprised Wall Street and l

Boeing will build the U.S. Air Force’s most sophisticated fighter jet yet, dubbed the F-47, handing the company a much-needed win.