Author: Nichols Martin|| Date Published: April 3, 2020
Lockheed Martin‘s (NYSE: LMT) aeronautics segment has won a potential $512M foreign military sales contract with the U.S. Air Force to build F-16 Fighting Falcon jets for the Bulgarian government.
Bulgaria conducted a competition for the aircraft procurement effort and ordered eight F-16s in Block 70 configuration, the Department of Defense said Thursday.
Work will take palce in Fort Worth, Texas, and Greenville, S.C., through Jan. 31, 2027.
F-16 Block 70 features an active electronically scanned array radar, an modern avionics architecture and updated systems meant to extend the aircraft’s structural life by more than 50 percent.
The Transportation Security Administration has announced a contract opportunity with an estimated value exceeding $100 million for enterprise-wide IT support…
