13 July 2012

News Story: Taiwanese Aviation Firm Says It Will Assist in F-16 Upgrades


TAIPEI, Taiwan — Taiwanese aircraft maker Aerospace Industrial Development Corp. said July 12 that it had forged an agreement with U.S. aerospace firm Lockheed Martin to get a piece of the island’s $5.85 billion fighter upgrade deal.

AIDC and Lockheed Martin signed a memorandum of understanding on July 11 at Britain’s Farnborough International Airshow, according to a statement released by AIDC.

Read the full story at DefenseNews