Northrop Grumman (NYSE: NOC) and BAE Systems have ended a joint pursuit ofÂ the U.S. Air ForceâsÂ T-XÂ trainer aircraft program, Breaking Defense reported Wednesday.
âThe companies have decided not to submit a proposal for the T-X Trainer program, as it would not be in the best interest of the companies and their shareholders,â Northrop said in a statement released Wednesday.
The Northrop-BAE teamâs decision comes a week after RaytheonÂ (NYSE: RTN) and LeonardoÂ ended their partnership and a month after the service branch sought proposals for the $16.3 billion program that seeksÂ a replacement aircraft for the currentÂ T-38Â platform.
Breaking Defense’sÂ Colin ClarkÂ wroteÂ the companiesâ withdrawal from the competition leaves three industry teams that plan to bid for the T-X program:
- Boeing (NYSE: BA) and Saab
- Lockheed Martin (NYSE: LMT) and Korean Aerospace Industries
- Sierra Nevada Corp.Â andÂ Turkish Aerospace Industries