Lockheed Martin contracted to deliver F-16 Block 70 fighter to Bulgaria

by Admin | Friday, Apr 3, 2020 | 316 views

Lockheed Martin Aeronautics, has been awarded a $512,004,418 firm-fixed-price contract for F-16 Block 70 fighter 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 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.

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