BLUF
Northrop Grumman has announced it will not participate in the competition for the US Air Force's Next Generation Air Dominance (NGAD) award, leaving that to Lockheed Martin and Boeing.Summary
KEY POINTS:
- Lockheed has the incumbent's advantage, but it represents a chance for a fresh start for Boeing.
- The contract could end up being a multi-decade, nine-figure contract for the winner.
- The Next Generation Air Dominance (NGAD) fighter will succeed Lockheed's F-22.