Iraq is reported to be "very close" to signing a letter of intent to buy up to 36 Lockheed Martin F-16 jets, according to Bloomberg. Major General Russ Handy, a senior U.S. Air Force general in Iraq, told reporters at the Pentagon that Iraq would buy a first installment of 18 aircraft, with a potential […]
Washington and Baghdad have made significant progress on a deal for Iraq to buy Lockheed Martin F-16 warplanes but do not have a signed contract, according to Bloomberg. In February the Iraqi government delayed its planned purchase of F-16s and diverted $900 million set aside for an initial payment on the aircraft into its national […]
Iraq has postponed plans to buy U.S.-built Lockheed Martin F-16 fighter jets because it lacks the funds to rebuild its air force, government spokesman Ali al-Dabbagh told Bloomberg. “Iraq is determined to rebuild its air power capabilities, but the plan is postponed ... There are no new negotiations by the Iraqi government or the defense […]
Iraq is open for business, and American companies should make an effort to invest there, Secretary of State Hillary Clinton (pictured) has said, according to a report from CNN. The Secretary was addressing the Business Forum Promoting Commercial Opportunities in Iraq, which included executives from companies as far-ranging as Occidental Petroleum, JP Morgan Chase, General […]
Reuters reports that Lockheed Martin hopes to sign sales contracts for up to 18 F-16 fighter jets with both Iraq and Oman by early 2012, and expects to book a total of about 100 additional orders by the end of the decade. Lockheed is gradually winding down production of the popular multi-role fighter, which is […]
AK News quotes a spokesman of the American military in Iraq as saying that they will supply Lockheed Martin F-16 jets to the Iraqi Air Force. "There are discussions between Baghdad and Washington to buy F-16 jets to support the Iraqi security forces and the Iraqi air force," Gen. Stephen Lanza said. "My country is […]
