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Singapore to Upgrade F-16 Fighter Planes in $2.4B U.S. Arms Deal

F16FleetSingapore plans to modernize its fleet of F-16 jets under a $2.43 billion foreign military sales agreement with the U.S., Agence France-Presse reported Tuesday.

Singapore will purchase new radars, navigation systems, missiles and other components for the F-16 fighter fleet, according to the report.

The arms deal also covers precision-guided bombs and a new helmet-installed display technology for pilots to target objects based on eye view, the report says.

Singapore is also considering buying Lockheed Martin (NYSE: LMT)-built F-35 Joint Strike Fighter jets, AFP reports.

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