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Lockheed Martin wins $841.9M deal for Moroccan F-16s

December 23, 2009 (by Asif Shamim) - Lockheed Martin has won a contract worth $841.9m (£528.2m) to supply Morocco with 24 block 52 F-16 fighter aircraft and support equipment, the Defense Department said on Tuesday.
The contract builds on an initial $233 million award to the company back in June 2008 to begin production of the aircraft. Lockheed beat off France's Dassault Aviation to win the sale.

The total value of the deal with the Royal Moroccan Air Force (RMAF) is estimated at around $2.4 billion dollars, not all of which will be handled by Lockheed.

In September, Lockheed Martin signed a $30 million contract for RMAF F-16 Sniper target pods used with precision guided weapons purchase in the overall sale contract.

Morocco becomes the 25th nation to buy the F-16, making it the worlds most widely flown jet fighter.