Lockheed Martin to upgrade South Korea’s F-16 fighter aircrafts

A contract worth $1.2 billion has been awarded to Lockheed Martin Corp for upgrading South Korea’s F-16 fighter aircrafts.

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Lockheed Martin to upgrade South Korea’s F-16 fighter aircrafts © Daily Management Review

The Pentagon has reported that it has awarded a contract to Lockheed Martin Corp, a subsidiary Lockheed Martin Aeronautics Co., worth $1.2 billion to upgrade F-16 fighter aircrafts for South Korea.

The work for the upgradation program will be performed at Fort Worth, Texas, with the expected date of completion being November 15, 2025.

References: http://www.reuters.com/

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