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Lockheed Martin To Produce F-16s For Egypt

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The U.S. government has awarded an initial $213 million to Lockheed Martin [LMT] for long-lead tasks for the production of 20 new Advanced Block 52 F-16 aircraft for Egypt. "This is a great day for Lockheed Martin and a testament to the enduring partnership and commitment we have made to the government of Egypt. We remain committed to providing our customer with a proven, advanced 4th Generation multirole fighter," said John Larson, vice president, Lockheed Martin F-16 programs. "This marks…

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