Trump angrily denies Elon Musk will be part of sensitive Pentagon briefing on China: Live updates

While we wait for President Donald Trump’s delayed Oval Office announcement to begin, here’s what it’s all about, courtesy of Reuters.

The president has awarded Boeing a contract to build the U.S. Air Force's most advanced fighter jet, known as Next Generation Air Dominance, according to two sources familiar with the situation who spoke to Reuters.

The NGAD program will replace Lockheed Martin's F-22 Raptor with a crewed aircraft designed to enter combat alongside drones. While the plane's design remains a closely guarded secret, it is expected to feature stealth capabilities, advanced sensors, and cutting-edge engines.

The engineering and manufacturing development contract is valued at over $20 billion. The successful bidder will ultimately receive hundreds of billions of dollars in orders throughout the contract's multi-decade term.

For Boeing, this victory represents a turnaround for a company that has faced challenges in both its commercial and defense sectors. It provides a significant boost to its fighter jet production operations in St. Louis, Missouri.

The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the U.S. following a meeting between top UAE officials and President Donald Trump this week, the White House said.

The new framework will “significantly increase the UAE's existing investments in the U.S. economy” in AI infrastructure, semiconductors, energy, and American manufacturing, a statement reads.

The official stated that the agreement came from a meeting Trump held on Tuesday with UAE national security adviser Sheikh Tahnoon bin Zayed in the Oval Office, as well as a dinner attended by Vice President JD Vance and several Cabinet members with the UAE delegation, which included heads of major UAE sovereign wealth funds and corporations.

Under the framework's terms, the UAE investment fund ADQ, in partnership with U.S. firm Energy Capital Partners, announced a $25 billion initiative focused on the U.S. to invest in energy infrastructure and data centers.

XRG, the international investment arm of UAE state oil company ADNOC, also pledged to support U.S. natural gas production and exports by investing in the NextDecade liquefied natural gas export facility in Texas.

Emirates Global Aluminum plans to invest in the first new aluminum smelter in the U.S. in 35 years, which would nearly double US domestic aluminum production.

The companies have additional plans to invest significantly in U.S. assets in areas such as gas, chemicals, energy infrastructure, and low-carbon solutions.

The “secret offer” in question is reportedly some kind of membership of the British Commonwealth... President Trump seems amenable.

“It’s always a great meeting,” said Elon Musk, adding: “I’ve been here before you know.”

The Trump administration is asking for another shot to block a judge’s order reversing President Donald Trump’s ban on transgender service members. The judge is holding a last-minute hearing at 11 a.m.

Government attorneys accuse Judge Ana Reys of having “misconstrued” Pentagon policy banning trans troops. If the judge doesn’t dissolve the injunction, they want her to extend a pause on the order taking effect so they can appeal. Attorney General Pam Bondi is prepared to appeal, they wrote.

Previously:

Last night and this morning: The Trump administration told Judge James Boasberg that there are cabinet-level discussions about invoking a rarely used “state secrets” privilege to avoid answering the judge’s questions about the flights.

At 2:30 p.m. today, there is a hearing on the ACLU’s initial challenge to Trump’s use of the Alien Enemies Act that prompted the judge’s order to temporarily block the flights (and which the administration allegedly ignored).

On Monday, and appeals court will hear arguments to Trump’s challenge of the judge’s temporary restraining order.

The U.S. will limit Canadian access to the library on the border between Vermont and Quebe, where Department of Homeland Security Secretary Kristi Noem made a jibe about Canada becoming the “51st state.”

Almost two months after Noem’s comments at the Haskell Free Library & Opera House, which straddles the border of Derby Line, Vermont, and Stanstead, Quebec, the U.S. government has made the “unilateral decision” to block access to the building from the U.S. side without going through customs.

Gustaf Kilander reports.

President Donald Trump and Defense Secretary Pete Hegseth are set to make an announcement in the Oval Office at 11 a.m. ET, and until now, there were no details concerning what it was going to be about.

CBS News reports that they will be announcing a contract award to produce sixth-generation fighter jets.