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Design and Development
When the Military Assistance Program under the Kennedy Administration needed a low-cost fighter for distribution to less-developed nations, the N-156F was at the top of the pile, and subsequently became the F-5A. It was named under the 1962 United States Tri-Service aircraft designation system which included a re-set of the fighter number series (the General Dynamics F-111 was the highest sequentially numbered P/F- aircraft to enter service under the old number sequence).
The F-5 proved to be a successful combat aircraft for US allies, but never entered front-line service with the US due to diverging priorities of the US services. The USAF did adopt the T-38 Talon trainer version of the airframe as the world's first supersonic trainer, and the design would be the starting point for the YF-17, which was developed into the F/A-18 Hornet. Although the F-5 was a lightweight fighter built around what was once an engine for a decoy drone, its descendant, the F/A-18E/F Super Hornet, is a relatively heavy multirole plane.
Sources:
Wikipedia: F-5 Freedom Fighter
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