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Lockheed expects 100 more F-16 orders

Posted 6-14-2005 at 11:29 PM


The two versions of the F-16 being delivered to customers now are the most advanced multi-role fighter aircraft types currently available on the international market and are building on the F-16's reputation for effectiveness and value, the Lockheed Martin (NYSE: LMT - News) general manager for the program said today.

"The F-16 continues as a modern, highly capable, affordable and supportable fighter. The program is healthy and full of activity, with firm production through 2008 and a strong likelihood of new orders that will extend the line for several more years," said June Shrewsbury, vice president for F-16 programs, in remarks to reporters at the Paris Air Show.

Shrewsbury said there are current backorders for 191 F-16 aircraft, plus a strong possibility Lockheed Martin will gain 100-200 further orders during the next few years.

Recent F-16 program milestones have included a rollout ceremony for the first aircraft for Chile at the Lockheed Martin plant in Fort Worth, Texas; the arrival of the first group of 10 "Block 60" F-16 aircraft in the United Arab Emirates; and Turkey's agreement for a major capabilities upgrade for its fleet of F-16s.

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