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Business/Financial

Morocco to Purchase, Upgrade F-16s for $4.77 Billion

By Brian Garrett-Glaser

Monday, March 25th, 2019

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Morocco to Purchase, Upgrade F-16s for $4.77 Billion

Lockheed Martin's F-16V fighter jet. Photo: Lockheed Martin.

The State Department has approved two possible foreign military sales to Morocco: one of F-16C/D Block 72 aircraft and related equipment for an estimated $3.787 billion, and another to upgrade the nation’s existing F-16 aircraft to the F-16V configuration for an estimated $985.2 million, the Defense Security Cooperation Agency said on Monday. The prime contractor for these sales is Lockheed Martin [LMT]. Morocco wants to buy 25 F-16C/D Block 72 aircraft as well as related equipment, including: 29 Pratt &…

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