Aerospace Group:

USAF Awards Leidos Up to $987 Million for Taiwanese F-16 Sustainment

Frank Wolfe

Thursday, December 12th, 2024

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USAF Awards Leidos Up to $987 Million for Taiwanese F-16 Sustainment

The first squadron of Taiwanese Air Force F-16s upgraded to the V configuration entered service in 2021 (Taiwanese Government Photo)

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…

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