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  • Monday, December 23, 2024

State Dept Clears Potential $2.91B F-16 Aircraft Sale to Slovakia


The State Department has approved Slovakia™s request to buy 14 F-16 Block 70/72 V configuration aircraft and related equipment and services from the U.S. government through a potential $2.91 billion foreign military sales agreement.

Lockheed Martin (NYSE: LMT) will act as the prime contractor in the proposed deal in support of Slovakia™s plan to replace its fleet of MiG-29 fighter jets, the Defense Security Cooperation Agency said Wednesday.

The proposed FMS transaction covers several products and services such as F110 General Electric or F100 Pratt & Whitney engines; APG-83 active electronically scanned array radars; M61 A1 Vulcan 20mm guns; modular mission computers; AIM-120C7 air-to-air missiles; LAU-129 guided-missile launchers; spares and repair parts; engineering; technical; and logistics support.

DSCA said Slovakia will use the F-16s to build up its homeland defense, modernize its air force and support NATO™s defense objectives.

The proposed deal will require the deployment of government and contractor representatives to the European country.

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