News

Lockheed-Martin has chosen Israeli defense industries to manufacture systems for the new F-16 military aircraft purchased by Poland. The first stage of the agreement is likely to amount to tens of millions of dollars.

Lockheed Martin Corporation yesterday reported second quarter 2003 net sales of $7.7 billion, a 23% increase over the second quarter 2002 sales of $6.3 billion.

CPU Technology today announced that it has successfully completed preliminary testing of the System-on-a-Chip (SoC) based Modernized Programmable Signal Processor (MPSP) Radar System at Edwards Air Force Base.

Astronics Corporation announced today that it has been awarded a follow-on contract from the U.S. government to supply spares and replacement parts for the F-16 night vision instrumentation program.

Under pressure from angry residents, the Melbourne Airport Authority agreed Wednesday to search for a legal or regulatory foothold it could use to stop AeroGroup Inc.'s F-16 jet flights at Melbourne International Airport, Florida.

The Greek Defense Ministry has completed a deal with Raytheon for the supply of an advanced self-protection integrated suite (ASPIS II) for the F-16 Block 52+ aircraft. The contract has a value of $242 million contract.

Lockheed-Martin will be late in delivering the new F-16I's to the Israel Air Force, as a result of a strike at its Fort Worth, Texas plant. The first plane was due to be delivered in Israel in October 2003. Delivery will now be delayed till next year.

The U.S. Air Force recently exercised a contract option associated with Phase III of the F-16 Common Configuration Implementation Program (CCIP) by awarding Lockheed Martin $26.6 million for retrofit kits to modify 22 Block 40/42 aircraft.

The U.S. Air Force awarded Lockheed Martin a $40 million contract for development and test of an extended range (ER) version of its Wind Corrected Munitions Dispenser (WCMD).

Lockheed Martin Corp is being awarded a $224 million contract to provide for the common recurring effort for 12 F-16/CD aircraft, alternate mission equipment and ferry preparation.

Curtiss-Wright Corp. announced today that the US Departement of Defense has awarded its subsidiary Curtiss-Wright Controls a contract to supply leading edge flap actuators for the F-16.

The United Arab Emirates has accelerated construction of an air base to house its new fleet of F-16s.

Gulf defense sources said the base is expected to cost more than $1 billion. The facility is meant to house about half of the 80 F-16 Block 60 aircraft the UAE will receive over the next four years.

The US Air Force ordered 3,854 Wind Corrected Munitions Dispenser (WCMD) tail kits from Lockheed Martin, in a deal worth $63.79 million.

Of these kits, 304 are to be delivered to the the United Arab Emirates (UAE), the first foreign customer for the system. The WCMD kits will be used on the United Arab Emirates' 80 F-16 Block 60 aircraft.

BVR Systems of Rosh Ha'ayin today announced that it won a contract worth $5 million to supply an F-16 training center to an unnamed foreign air force. BVR, which makes defense training and simulation systems, said the training center would comprise two F-16 training devices, a mission simulator and a tactical systems trainer.

The U.S. Air Force on Tuesday said it awarded Lockheed Martin Corp. a $279.9 million contract to pay for 10 F-16 fighter jets ordered by Chile under a deal first signed in March 2002. The money covers the first 14 months of work on the warplanes at Lockheed's plant in Fort Worth. It is the first sale of advanced U.S. warplanes to South America since the 1970s.