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October 07, 2012

Competitors vie with Lockheed Martin for F-16 avionics upgrade contracts

TaiwanF16
The lack of and high scost of F-35s coming off the Lockheed Martin assembly line is leading nations to upgrade their fleets of F-16s with modern avionics and radar systems.

The Star-Telegram reports today that while Lockeed has nailed down a $1.85 billion F-16 upgrade contract from Taiwan and has a commitment from the U.S. Air Force, other companies are trying to snatch that upgrade business with competitive offers. One, BAE Systems, was chosen by South Korea to install an avionics upgrade package on 130 aircraft.

- Bob Cox

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