will project.json inherit settings from nx.json?

[ianzone]

for instance, my nx.json

{
  "$schema": "./node_modules/nx/schemas/nx-schema.json",
  "namedInputs": {
    "sharedGlobals": [{ "runtime": "node --version" }, { "runtime": "pnpm --version" }],
    "default": ["{projectRoot}/**/*", "sharedGlobals", "!{projectRoot}/**/*.md"],
    "production": ["default", "!{projectRoot}/jest.config.[jt]s", "!{projectRoot}/**/*.{spec,test,e2e}.[jt]s?(x)"]
  },
  "targetDefaults": {
    "prod": {
      "inputs": ["production", "^production"],
      "dependsOn": ["^prod"],
      "cache": true,
      "outputs": ["{projectRoot}/dist"]
    },
    "test:ci": {
      "inputs": ["default", "^production"],
      "dependsOn": ["prod", "^prod"],
      "cache": true,
      "outputs": ["{projectRoot}/coverage"]
    },
    "updateSnapshot": {
      "inputs": ["default", "^production"],
      "dependsOn": ["prod", "^prod"],
      "cache": true
    }
  }
}

and my project.json

{
  "$schema": "../../node_modules/nx/schemas/project-schema.json",
  "targets": {
    "prod": {
      "outputs": ["{projectRoot}/dist", "{projectRoot}/lib", "{projectRoot}/loader"]
    }
  }
}

Will project.json inherit all keys from nx.json and overwrite the outputs when running nx run-many -t prod?