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The future is still bright for the F-16. Here's why...
Lockheed Martin has received a massive $1.12 billion contract from the U.S. government to produce 16 advanced F-16 Block 70 Fighting Falcons for Bahrain.
The “undefinitized contract action award” means that the Royal Bahraini Air Force will become the first operator of the most advanced and capable version of F-16 ever designed.
Moreover, unlike previous versions of the F-16—which were built in Fort Worth, Texas—these new “Vipers” are to be manufactured in Greenville, South Carolina.
With production of Lockheed Martin’s stealthy new F-35 Joint Strike Fighter ramping up while Fighting Falcon production is ramping down, the company was compelled to move the F-16 line to a smaller plant that could handle lower volumes. Nonetheless, the move represents a new beginning for the F-16, which is still expected to generate strong sales over the coming years.
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WNU Editor: I can easily foresee a huge demand for this aircraft.
