Contract Awards
The State Department has cleared a potential $2.43 billion foreign military sale of F-16 Block 70/72 fighter planes, manufactured by Lockheed Martin (NYSE: LMT), to the Philippine government. This proposed FMS transaction covers the procurement of 10 F-16C jets, a pair of F-16D units and 15 F100-PW-229EEP or F110-GE-129D engines, the Defense Security Cooperation Agency