Boeing Air Force Training Jet Gets an Official Name: T-7A Red Hawk
U.S. Air Force Secretary Matthew Donovan today announced the new name of the services new training jet: the T-71 Red Hawk, a name with a history dating back to World War II.
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Almost exactly one year ago, Boeing Co. (NYSE: BA | BA Price Prediction) won a $9.2 billion contract to deliver 351 trainer aircraft, 46 training devices, and other ground equipment to replace the U.S. Air Force’s 57-year-old T-38 trainer planes. On Monday, the Air Force announced the training jet’s new name: T-7A Red Hawk.
The plane’s name commemorates both the 99th Fighter Squadron, better known as the Tuskegee Airmen, and one of three aircraft the squadron flew in World War II: the Curtiss P-40 Warhawk. The 99th painted the tails of their aircraft, including Republic P-47 Thunderbolts and North American P-51 Mustangs, red and were known as the Red Tails.
The Air Force could purchase up to 475 Red Hawks and 120 training systems under the indefinite-delivery/indefinite-quantity contract. The work is expected to be completed by 2034 and first deliveries are scheduled for 2023.
The T-7A is a joint project between Boeing and Saab and will be built at Boeing’s facility in St. Louis. According to Boeing’s announcement, more than 90% of each plane will be manufactured in the United States, supporting 17,000 jobs in 34 states. Saab also committed to constructing a plant in the United States in which to build the plane.
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The Boeing-Saab bid was more than $10 billion lower than the Air Force’s original cost estimate. Under the terms of the indefinite-delivery/indefinite-quantity contract, the Air Force could purchase a total of 451 Red Hawks and 120 training systems.
Acting Secretary of the Air Force Matthew Donovan commented:
The T-7A will be the staple of a new generation of aircraft. The Red Hawk offers advanced capabilities for training tomorrow’s pilots on data links, simulated radar, smart weapons, defensive management systems, as well as synthetic training capabilities.
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
