# Lockheed Martin awarded $62B F-16 contract for foreign military sales

The U.S. Air Force awarded Lockheed Martin a $62 billion ten-year contract for new production of F-16 aircraft for foreign military sales, with an initial delivery order for 90 aircraft valued at $4.94 billion.

- Type: Contract
- Announced: 2020-08-17
- Where: Greenville, South Carolina; Fort Worth, Texas, United States
- Value: $62.0B
- Status: announced
- Products: F-16 aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [U.S. Air Force](https://endata.com/companies/1019.md) (customer)
- [Lockheed Martin](https://endata.com/companies/6612.md) (supplier)

## Sources

- [aerotechnews.com](https://www.aerotechnews.com/blog/2020/08/17/contract-briefs-75/), 2020-08-17: "The total value for the initial delivery order is $4,941,105,246 and will be awarded on the same date."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.