Aerospace & Defense News - Defense Asia / Pacific.

1/3/2010

Lockheed Martin

Lockheed Martin has secured a key order as it seeks to extend F-16 production long enough to stay in the competition for a massive order by the Indian air force. An agreement between the governments of Egypt and the USA on the sale of 20 F-16 Block 50/52s will likely extend production into 2013. Lockheed confirms the agreement under the foreign military sale (FMS) process was signed on 24 December. The US government is likely to sign a contract with Lockheed shortly to build the F-16s. 12/30/2009

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