Lockheed Martin [NYSE: LMT] was awarded a contract valued up to $1.85 billion by the U.S. Government to initiate the upgrade of 145 Block 20 F-16A/B aircraft for the Republic of China (RoC). This retrofit program will include the addition of an Active Electronically Scanned Array (AESA) radar, embedded global positioning, as well as upgrades to the electronic warfare and other avionics systems of Taiwan’s F-16s.




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