Indonesia’s government said it was prepared to accept a US offer for 24 surplus F-16s, reported The Jakarta Post, Wednesday. This announcement came on the heels of Defense Secretary Leon Panetta’s visit to the country on Sunday during his tour of Southeast Asia. According to the newspaper, an Indonesian parliament defense oversight committee approved the deal, albeit with a set of conditions. “All the planes have to be upgraded from Block 25 to Block 52; all components needed for the upgrade have to be produced here in Indonesia; and the upgrade must be procured through the foreign military sales scheme,” said Yorrys Raweyai, a committee member. Indonesia will reportedly bear the cost of the aircraft refurbishments. The Southeast Asian nation already operates some older model F-16s.
RTX, parent of Raytheon, Collins and Pratt & Whitney, is getting out of the space prime business and focusing on its "strengths" as a maker of space sensors, buses, and components, company COO Chris Calio said during an earnings call.