Lockheed, US Govt Sign $1.8B Contract for Taiwan F-16 Upgrades

Lockheed Martin will upgrade F-16 jets for Taiwan under a $1.85 billion contract with the U.S. government, the company announced Monday.

The company will add a new active electronically scanned array radar, embedded global positioning and update electronic warfare and other avionics systems on 145 Block 20 F-16A/B jets.

Lockheed has upgraded 1, 000 existing F-16s for the U.S. Air Force and international customers and will base its work with Taiwan on an F-16V configuration announced by the company earlier this year.

More than 26 countries fly the F-16 and more than 4, 500 aircraft have been delivered worldwide from assembly lines in five countries, according to the company.

This announcement comes nearly four months after reports surfaced of a possible foreign military sales agreement between the U.S. and Taiwan governments, valued at $600 million as of June.

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