Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

Report: US, Taiwan Readying $600M Lockheed F-16 Upgrade Deal

The U.S. and Taiwan are preparing to sign a contract that covers $600 million in upgrades to Taiwan’s F-16 fleet, Defense News reports.

According to the report, the upgrades include new radars for Taiwan’s Lockheed Martin-made (NYSE: LMT) F-16 jets.

Contract signing may take place before July 26 and the upgrades would take nearly 12 years to complete, the report said.

Taiwan originally requested 66 new F-16 jets and the House approved a measure in May to approve such a sale.

The country’s defense ministry said jets will have radars for detecting Chinese stealth aircraft and may also contain precision munitions, the report said.

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Contract Awards

Related Articles