
As Taiwan awaits the arrival of new Lockheed Martin [LMT] F-16 Vipers to help counter China, the U.S. Air Force on Wednesday announced a $987 million contract to Leidos [LDOS] for Foreign Military Sales (FMS) sustainment of Taiwan F-16s. Leidos' win looks to be a significant one for the company. In 2020, Taiwanese President Tsai Ing-wen said that Lockheed Martin and Taiwan's Aerospace Industrial Development Corp. (AIDC) would collaborate to reduce maintenance downtime for the country's F-16s. Due to term…