Boeing has been awarded the contract to build the U.S. Air Force's most sophisticated fighter jet yet, dubbed the F-47, beating out competition from Lockheed Martin for a program worth more than $20 billion.

The next generation fighter jet for the United States Air Force has officially been announced. Here's what we know so far and what's still under wraps.

U.S. President Donald Trump will personally announce the Pentagon's decision on a next-generation fighter jet contract worth at least $20 billion as soon as Friday, despite concerns about budget constraints and shifting priorities,