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Lockheed Martin Awarded $1.2 Billion to Upgrade the South Korean F-16 Falcons

Friday, November 18, 2016 20:44
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Defense-Update reports: img_1955The U.S. Air Force awarded Lockheed Martin Aeronautics a contract worth over US$1.2 Billion for the upgrading of 134 South Korean F-16 fighters. The Republic of Korea Air Force (RoKAF) plans to upgrade both the F-16C/D Block 50/52 fighter aircraft with brand new radar and avionics suite. The contracr negotiated is a fixed-price incentive-fee contract, […]

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Source: http://defense-update.com/20161119_lockheed-martin-awarded-1-2-billion-to-upgrade-south-korean-f-16-falcons.html

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