New Delhi, March 21 -- US President Donald Trump announced on Friday (March 21) that Boeing has been awarded a major contract to develop the Air Force's high-tech next-generation F-47 fighter jet under the Next Generation Air Dominance (NGAD) program.

Speaking from the Oval Office, Trump highlighted the competitive selection process, stating, "After a rigorous and thorough competition between some of America's top aerospace companies, the Air Force is going to be awarding the contract for the Next Generation Air Dominance platform to Boeing."

The Next Generation Air Dominance (NGAD) jet will act as the command hub for a fleet of advanced drone aircraft capable of breaching the air defenses of China and other adversaries.

The initial Ai...