Home Goods | September 16, 2016 9:00 am

Boeing and Saab Just Made a Fighter Jet That Could Be Worth $11 Billion

Meet the plane that's gunning for Lockheed Martin's throne

When the Air Force is offering up an $11 billion contract, all the top guns (har) come out to play.

Including Boeing and Saab AB, who didn’t hold anything back while designing the all-new T-X aircraft, a clean-sheet jet they hope will be selected to become the USAF’s training plane of the future. If it wins the contract, 350 of the single-engine planes — which is competing with designs from the likes of Lockheed Martin, Raytheon and Northrop Grumman — will replace the Air Force’s dated fleet of 400 T-38 trainer jets.

Built to evolve as technologies, missions and training needs change, the T-X features an advanced cockpit with stadium seating, twin tails and a maintenance-friendly design, as well as the ability to offer state-of-the-art training on the ground or in the air.  

“Our T-X is real, ready and the right choice for training pilots for generations to come,” said Boeing executive VP Leanne Caret.

The USAF’s is expected to select a contract winner in 2017 and, if the T-X gets the nod, it could enter into service as soon as 2024.

Got our vote.