Search Results for: f-16 lockheed

BGOV: Lockheed F-16, Raytheon Missile Tech In Demand Among Fiscal 2019 FMS Clients

The Raytheon-built (NYSE: RTN) AIM-120C-7 medium air-to-air missile and the F-16 fighter jet from Lockheed Martin (NYSE: LMT) were the most popular weapon systems the U.S. sold to allies in fiscal year 2019 through the foreign military sales program, Bloomberg Government reported Wednesday.

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Lockheed Preps F-16 Block 70 Production at New Plant in Greenville, SC; Michele Evans Quoted

TYSONS CORNER, VA, May 6, 2019 — Lockheed Martin (NYSE: LMT) established a new production line for the F-16 Fighting Falcon aircraft last month in South Carolina as it seeks to use the refurbished hangar as manufacturing base for the F-16 Block 70 later in the year, ExecutiveBiz reported April …

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Air Force Awards Lockheed $1.1B F-16 Block 70 FMS Contract

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential $1.12 billion contract to build 16 F-16 Block 70 jets for Bahrain’s air force. Lockheed will receive $551,027,050 in foreign military sales funds at the time of award and perform work at the company’s facilities in South Carolina and Texas through …

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Lockheed Martin Tapped for US-Oman FMS Deal on F-16 Software Updates

TYSONS CORNER, VA, Jan. 9, 2018 — Lockheed Martin (NYSE: LMT) has been named as the prime contractor on a potential $62 million foreign military sale of incremental software updates for Oman’s F-16 aircraft, ExecutiveBiz reported Monday. The Defense Security Cooperation Agency said Friday the State Department cleared Oman’s request to …

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Report: UAE, Lockheed Seal $1.6B F-16 Upgrade Deal

Lockheed Martin (NYSE: LMT) has secured a potential $1.6 billion order to perform upgrades to the United Arab Emirates’ F-16 fighter aircraft, The National reported Sunday. The report said UAE’s armed forces entered numerous defense deals with U.S. companies, which include an agreement for Lockheed to modernize 80 F-16s. Lockheed CEO …

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Lockheed Martin to Deliver F-16 Fighting Falcon Training System to Romania’s Air Force

Lockheed Martin (NYSE: LMT) will deliver a tailored simulation-based F-16 training environment for the Romanian Air Force (RoAF,) according to a company statement. Lockheed Martin will deliver the SciosTrain™ suite of simulators in 2019 under this contract and also provide contractor logistics support services. “Our solution builds on our proven …

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Lockheed’s F-16 Jets Get Air Force Approval for Service Life Extension

TYSONS CORNER, VA, April 17, 2017 — The Lockheed Martin-built (NYSE: LMT) F-16 fighter jet has received clearance from the U.S. Air Force for an extended service life from an equivalent 8,000 to 12,000 flight hours, ExecutiveBiz reported Thursday. The company said Wednesday it worked with the Air Force to cut projected service …

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AIDC Starts Update Work on Taiwan’s Lockheed-Built F-16s

TYSONS CORNER, VA, Jan. 26, 2017 — Aerospace Industrial Development Corp. has begun to implement updates to Taiwan’s fleet of Lockheed Martin-built (NYSE: LMT) F-16 Fighting Falcon aircraft, ExecutiveBiz reported Wednesday. Taiwanese state-owned AIDC stated that it expects to complete the modernization work on 144 F-16s in six years with four jets currently …

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