Boeing won a contract to design and build the U.S.’s next-generation stealth fighter jet, beating out rival Lockheed Martin Corp. for the multibillion dollar program aimed at preparing the

Known as Next Generation Air Dominance, or NGAD, the manned jet will serve as quarterback to a fleet of future drone aircraft designed to be able to penetrate the air defenses of China and any other potential foes.

President Trump’s F-47 announcement marks a major milestone for an Air Force program that’s focused on ensuring the U.S. military maintains an edge over China.