Tuesday, 3 September 2019

Lockheed Will Keep F-16 Flying With $8 Billion Sale to Taiwan

Bruce Smith @flicker.com

Lockheed Will Keep F-16 Flying With $8 Billion Sale to Taiwan

Even in the face of falling F-35 prices, Lockheed's venerable F-16 remains very much in demand.


For the umpteenth year in a row, Lockheed Martin's (NYSE:LMT) F-16 remains the world's most popular fighter jet.

The manufacturer of everything from F-35 stealth fighters to Blackhawk helicopters to the venerable F-16, Lockheed Martin is the world's biggest pure-play defense contractor. And according to the data specialists preparing Flightglobal's 2019 World Air Forces report, 45 years after the F-16 Fighting Falcon first took flight, some 2,280 of Lockheed's F-16s are still flying around the globe -- 15% of all fighter planes in existence today.  

And as we just found out, that number is about to get a little bit bigger..........read rest of article




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