Lockheed completes acquisition of General Dynamics Fort Worth Division. The $1.5 billion purchase gives Lockheed control of the F-16 fighter line and increases the corporation’s share of the F-22 program to 67.5 percent.
The U.S. military is maintaining a beefed-up presence in the Middle East, including fighters and air defense assets, following the U.S. strikes on Iranian nuclear facilities June 22 and subsequent retaliation by the Iranians against Al Udeid Air Base in Qatar.