Boeing spikes, Lockheed slumps as Trump awards key fighter jet contract

Boeing Logo on Building

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Boeing (NYSE:BA) +5.2% and Lockheed Martin (NYSE:LMT) -5.1% in Friday’s trading as President Trump reportedly has awarded Boeing a contract to build the U.S. Air Force’s most sophisticated fighter jet, known as Next Generation Air Dominance, or NGAD.

The engineering

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