Greece will buy 30 additional F-16 Block 52+ aircraft, with an option for an additional 10 aircraft, to augment its current fleet of F-16 fighters, according to Lockheed Martin officials. The deal for the 30 aircraft is worth $1.2 billion to Lockheed. The company must deliver the new fighters by 2009. That’s good news for the Fort Worth crowd.
RTX’s Raytheon unit was able to “significantly” extend the range of the AIM-120 Advanced Medium-Range Air-to-Air Missile using mostly software changes in experimental tests last year, expanding the reach and lethality of the standard U.S. dogfighting weapon, company officials said Sept. 15.