Lockheed Loses As Boeing’s F-15X Wins in USAF Plan

The U.S. Air Force outlined a five-year plan that showed the extent of the Pentagon’s push to bring back Boeing Co.’s F-15 fighter in an upgraded version, a $7.8 billion investment that would jump from eight of the planes next year to 18 each year through 2024.

While Lockheed Martin Corp.’s newer F-35 would get $37.5 billion over the five years, the more advanced plane would still take a hit. The service now plans to buy 48 F-35s each year from fiscal 2021 through 2023 instead of the 54 previously planned.

A week after President Donald Trump presented his proposed budget for the fiscal year that begins in October, the Air Force spelled out a longer-range five-year plan on Monday that’s sure to set off fierce congressional debate, including over the plan to buy 80 F-15X models and slow the trajectory of the F-35. That debate already has begun.

“As our nation’s only fifth-generation stealth fighter being built today, an investment in additional production and support for the F-35 fighter fleet is critical to ensuring the U.S. maintains air superiority,” five senators said in a letter last month.

Click here for the full story, on the Bloomberg website.

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