Egypt F-16 deal is confirmed

As predicted in Arabian Aerospace last month, Lockheed Martin has secured a key order from Egypt for 20 F-16 Block 50/52s which are likey to secure production until at least 2013.
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Lockheed confirmed today that the agreement under the foreign military sale (FMS) process was signed on 24 December. The US government is likely to sign a contract with Lockheed shortly to build the F-16s.

The pending contract from Egypt adds to a recent spike in F-16 sales after a two-year slowdown. Lockheed plans to deliver only 20 F-16s in 2010 and 2011, but as many as 40 in 2012. Deliveries in 2012 will include 24 signed by Morocco in early December, the remainder of Turkey's order for 30 and a portion of Egypt's backlog.

Lockheed executives have also noted that smaller orders for F-16s are in discussions with Greece, Iraq, Oman and Qatar.

 

 

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