Air Force Awards Lockheed Martin $62 Billion Contract for F-16 Foreign Sales
August 14 2020 - 6:42PM
Dow Jones News
By Maria Armental
Military contractor Lockheed Martin Corp. was awarded a $62
billion 10-year contract for F-16 fighter jets for foreign
countries, the Defense Department said Friday.
The initial delivery order is for 90 jets and has a total value
of nearly $5 billion, the department said.
Work will be primarily done in Greenville, S.C., and Fort Worth,
Texas, and is expected to be completed by Dec. 31, 2026.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
August 14, 2020 18:27 ET (22:27 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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