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Event Brief

Fixed-price contract killed Navy A-12 Avenger II

The A-12 Avenger II program failed after a fixed-price deal was set for immature stealth technology.
WHO: U.S. Navy and Pentagon procurement officials
WHAT: A fixed-price development contract was set for immature stealth, composite, and radar technology for the A-12 Avenger II.
WHEN: Jul 6, 2026 at 7:29 PM ET
WHERE: USA
WHY: Washington locked McDonnell Douglas and General Dynamics into a fixed-price development deal for technology that had not yet been built.

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