Boeing will build the next-generation of U.S. fighter jets, thanks to a $20 billion contract announced Friday by President Trump. The contract is expected to provide a big boost to Missouri’s economy.

U.S. President Donald Trump awarded Boeing on Friday the contract to build the U.S. air force's most sophisticated fighter jet yet, handing the company a much-needed win and boosting its shares.

Gov. Mike Kehoe said this project, called Next Generation Air Dominance, will bring in thousands of jobs to St. Louis, as well as drive economic growth.