TYSONS CORNER, VA, Jan. 31, 2017 — BAE Systems and Turkish Aerospace Industries will collaborate on the first development phase of the Turkish air force’s TF-X fighter jet program under a “Heads of Agreement” deal, ExecutiveBiz reported Monday.
The agreement was signed ahead of a planned contract worth an estimated $125 million and builds upon a pre-contract study stage in which the two companies worked to pursue efforts to build Turkey’s future fighter aircraft, BAE said Saturday.
About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com