$830m Lockheed Martin F-16 Order

By John Lee.

Lockheed Martin Aeronautics has been awarded an $830-million, firm-fixed-price, cost-plus-fixed-fee contract for the production of an additional 18 F-16 aircraft for the Iraqi Air Force.

The deal includes associated support equipment, technical orders, integrated logistics support, contractor logistics support and an electronic warfare system.

Work will be performed in Fort Worth with an expected completion date of April 30, 2014.

(Source: US Ministry of Defense)

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