
The Bulgarian government has committed to investing in new F-16 Fighting Falcons after a short backtrack last month on the $1.6 billion deal. The State Department approved June 3 a possible foreign military sale of the Lockheed Martin [LMT]-built F-16 C/D Block 70/72 fighter jet to the Eastern European nation, with support for an estimated cost of $1.673 billion. The justification statement noted that the new multi-role combat aircraft would provide Bulgaria with greater airspace defense and improved interoperability with…