
While the U.S. Air Force's manned Next Generation Air Dominance (NGAD) fighter has an uncertain future, the service is moving forward with upgrading sensors on the Lockheed Martin [LMT] F-22. On Aug. 29, the Air Force said that it has awarded RTX's [RTX] Raytheon a contract that could be worth more than $1 billion to upgrade sensors for the F-22. "Work will be performed in McKinney, Texas, and is expected to be completed by May 8, 2029," according to a…