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.