22 November 2016

News Story: Lockheed Retakes Korean F-16 Upgrade Contract

Lockheed Martin F-16 (File Photo)
By: Valerie Insinna

WASHINGTON — Lockheed Martin and the South Korean government have cemented a $1.2 billion contract for F-16 upgrades, marking an official victory for Lockheed over previous contract-holder BAE Systems. 

Under the terms of the foreign military sales agreement announced Friday, Lockheed will modernize 134 jets to a configuration similar to its advanced F-16V model. Among the upgrades planned to be funneled into the Korean jets are an Active Electronically Scanned Array (AESA) radar; a modern commercial off-the-shelf-based avionics subsystem; a large-format, high-resolution center pedestal display; and a high-volume and high-speed data bus, the company said. 

“We truly appreciate the trust and confidence the Republic of Korea has placed in us with this contract,” Susan Ouzts, vice president of Lockheed Martin’s F-16 program, said in a statement. “These upgrades are a critical piece of South Korea’s national defense and highlight Lockheed Martin’s commitment to the full lifecycle of the F-16, from production to through-life sustainment.” 

Read the full story at DefenseNews