The U.S. Air Force is expected to announce the winner of its Next Generation Air Dominance (NGAD) program contract on Friday. President Trump and Secretary of Defense Pete Hegseth are scheduled to speak at 11 AM ET, potentially addressing the sixth-generation fighter jet that will replace the F-22 Raptor. The initial contract is valued at approximately $20 billion for engineering and manufacturing development, with potential future orders worth hundreds of billions as production begins near the end of the decade
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