Pentagon F-16 Upgrade Hesitation Roils The Market
Credit: Bill Sweetman/AW&ST
With the U.S. Air Force expected to drop plans to upgrade 300 late-model F-16s, the market for modernizing the Lockheed Martin fighter—already disrupted by BAE Systems' win in South Korea—could become even more contentious. Boeing might join the fray and, along with BAE, is eyeing $8 billion in...
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