Lockheed Martin receives USAF contract for 18 F-16s for Iraq

U.S. Air Force has awarded Lockheed Martin a US$199.3 million firm-fixed-price, time-and-material, cost-plus-fixed-fee contract to provide the government of Iraq with 18 F-16 C/D Block 52 multi-role fighter aircraft (12 C models and six D models); support equipment; technical orders; integrated logistics support; and contractor logistics support. This award is part of the Foreign Military Sales Program. Work is to be completed by May 30th, 2018. (Source: U.S. Department of Defense)