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

President Donald Trump announced the Pentagon’s decision to move forward with a next-generation fighter jet titled F-47 on Friday in joint remarks alongside Secretary of Defense Pete Hegseth from the Oval Office.

Not so long ago, the F-35 fighter jet was the hottest ticket in the international arms market. Though it had suffered teething pains in development, going over budget by 50 percent in its first decade,