Lockheed Wins $512M Order to Produce Eight F-16s for Bulgaria

Lockheed Martin Aeronautics, Ft. Worth, Texas, has been awarded a $512,004,418 firm-fixed-price contract for F-16 Block 70 production for the Republic of Bulgaria. This contract value includes $4,185,516 of pre-priced options.

This contract provides for the production of eight F-16 Block 70 aircraft.

Work will be completed in Ft. Worth, Texas; and Greenville, South Carolina, and is expected to be completed by Jan. 31, 2027.

This contract award is 100% funded via foreign military sales (FMS) to the Republic of Bulgaria and is the result of a Bulgarian country-conducted competition. FMS funds in the amount of $507,818,902 are being obligated at the time of award.

The Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8615-20-C-6051).

(EDITOR’S NOTE: The above order does not include the aircraft’s engines, armament and support equipment.)

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