Boeing is developing the secret F-47 fighter for the U.S. Air Force. The Trump administration requested approximately $5 billion for the Next Generation Air Dominance (NGAD) program. The U.S. targets a first flight for the F-47 by 2028.
This funding boost benefits Boeing as a key holding in the XAR ETF. The program's pace contrasts with Europe's Future Combat Air System (FCAS), which faces internal disputes. The rival UK-Italy-Japan Global Combat Air Programme (GCAP) is gaining momentum through new contracts.