Lockheed CEO Bob Stevens: F-16 Demand to Continue

Bob Stevens

Lockheed Martin CEO Bob Stevens expects customers to continue buying the F-16 fighter jet even as the company continues early production of the F-35, he told Reuters in an interview.

Jim Wolf writes Stevens said the company has discussed the end of the F-16’s production line for more than a decade and will have that same discussion over the next decade.

Joseph LaMarca, a company spokesman, told Reuters in an email the company is building F-16s for Egypt, Iraq and Oman to keep the production line going at least until 2016.

Romania and Bulgaria are also interested in purchasing the F-16, LaMarca told Reuters.

Lockheed and the U.S. government announced a $1.85 billion contract in October covering a new radar and other upgrades to Taiwan’s F-16 fleet (click over to GovCon Wire for more on that award).

Taiwan was also seeking 66 new F-16s in a proposed $600 million foreign military sales agreement.

email
Filed in: News Tags: , , , , , ,

You might like:

Lockheed-Built CLIO Satellite Launches Into Space Lockheed-Built CLIO Satellite Launches Into Space
Report: ULA, Blue Origin Form Rocket Engine Development Team Report: ULA, Blue Origin Form Rocket Engine Development Team
Lockheed Hands F-35 ‘ALIS’ Logistics System to Test Sites; Mary Ann Horter Comments Lockheed Hands F-35 ‘ALIS’ Logistics System to Test Sites; Mary Ann Horter Comments
Lockheed Demos LVC Training Tool in F-16 Simulator; Jon Rambeau Comments Lockheed Demos LVC Training Tool in F-16 Simulator; Jon Rambeau Comments
© 2014 ExecutiveBiz. All rights reserved.