Daily Management Review

Lockheed Martin to upgrade South Korea’s F-16 fighter aircrafts


11/21/2016


A contract worth $1.2 billion has been awarded to Lockheed Martin Corp for upgrading South Korea’s F-16 fighter aircrafts.



The Pentagon has reported that it has awarded a contract to Lockheed Martin Corp, a subsidiary Lockheed Martin Aeronautics Co., worth $1.2 billion to upgrade F-16 fighter aircrafts for South Korea.
 
The work for the upgradation program will be performed at Fort Worth, Texas, with the expected date of completion being November 15, 2025.
 


References:
http://www.reuters.com/