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08:57 AM, June 23, 2018
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Lockheed Martin To Supply F-16 Block 70 Fighter Jets Worth $1.12B To Bahrain
Lockheed Martin To Supply F-16 Block 70 Fighter Jets Worth $1.12B To Bahrain

Lockheed Martin has been awarded a foreign military sales (FMS) contract to supply 16 F-16 Block 70 fighter aircraft, the newest generation of Fighting Falcon, to Bahrain, the Department of Defense announced Friday.

 “Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas; and Lockheed Martin, Greenville, South Carolina, have been awarded a $1,124,545,002 fixed-price-incentive-firm contract for F-16 production. This contract provides for the production of 16 F-16 V Block 70 aircraft,” the statement says.

This contract involves 100 percent foreign military sales (FMS) to the Kingdom of Bahrain, the release said.

The Block 70 is the newest and most advanced F-16 production configuration, combining numerous capability and structural upgrades. The aircraft has improved radar systems, advanced weapons capabilities and enhanced battlespace awareness.

Work will be performed in Greenville, South Carolina; and Fort Worth, Texas. The work is expected to be complete by Sept. 30, 2023.

This award is the result of a sole-source acquisition. FMS funds in the amount of $551,027,050 are being obligated at the time of award. Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity, the statement added.

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