The tragic crash is still under investigation.
The mishap occurred at approximately 9:10 a.m. during a routine training event and required emergency personnel to respond.
The U.S. Air Force will call its new trainer the T-7A "Red Hawk."
The stall resulted in a loss of majority thrust from the right engine, causing the aircraft to roll to the right.
The crash occurred shortly before 2 p.m. near Lake Waurika, Oklahoma, roughly 40 miles from the training base.
The U.S. Air Force has not paused flights for its T-38 Talon trainer fleet despite a series of crashes in the last 12 months.
The U.S. Air Force has awarded Boeing a $9.2B contract to build the service's next aircraft for training future pilots.
A T-6 Texan trainer jet from Joint Base San Antonio-Randolph crashed roughly 30 miles from the base.
The Air Force has cleared its trainer aircraft to resume ops after a "brief pause" following a recent crash of a T-6.
Air Force officials say they have identified a fix to problems in the T-6 aircraft that were making pilots short of breath.