China Has a 6th-Generation Fighter Jet. What Does It Mean for Boeing, Lockheed Martin, and Northrop Grumman?
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Lockheed Martin (NYSE: LMT) builds America's only two fifth-generation "stealth" fighter jets, the F-22 Raptor (production of which has already ceased) and the F-35 Lightning II (production of which is ongoing).That sounds pretty impressive. Most other countries in the world still fly non-stealthy fourth generation jets. And yet, the F-22 was introduced into U.S. service 20 years ago, in 2005, and the F-35 10 years ago, in 2015. While superior to most military jets, neither one is exactly cutting edge anymore.Meanwhile in China, the final week of December saw the People's Liberation Army demonstrate not one, but two new fighter jets, both of which appear to be sixth-generation designs.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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