Boeing is receiving additional funding to continue research on the MQ-25 Stingray. The contract modification is valued at $90.4 million and is expected to be completed in August 2024. Under the contract, Boeing will perform a number of studies and analysis related to the engineering, manufacturing and development phase of the MQ-25 Stingray. The Stingray will be the Navy’s next ‘Group 5’ aircraft. With its implementation, the US Navy seeks to close the gap between UAS and manned aircraft by adding a system that is designed from the outset to operate within metres or less of large manned aircraft. The UAV will have the capacity to carry 15,000 pounds of fuel and will be used to refuel the F/A-18 Super Hornet, EA-18G Growler and F-35C fighter jets, extending their range and time in the air significantly.