BAE, Lockheed Chase $10B in Global F-16 Upgrade Work; John Bean, Bill McHenry Comment
BAE Systems and Lockheed Martin are bidding to secure F-16 modernization contracts with international customers as U.S. and European military organizations turn to upgrade work instead of new orders amid decreased funding, Reuters reported Monday. Sarah Young and Andrea Shalal report that the global market for F-16 upgrades is worth $10 billion over the next decade. John […] More