Publication: ASD News Issued: Date: 2010-07-21 Reporter:

LM F-16 Is Ready For The Future As World's Most Advanced 4th Gen Fighter



ASD News
Lockheed Martin Corporation (NYSE: LMT)

Date 2010-07-21
Web Link


(Farnborough, England, July 20, 2010) -- The versions of the F-16 being delivered to customers now are the most advanced 4th Generation multi-role fighter aircraft currently available on the international market and are building on the F-16's reputation for effectiveness and value, the Lockheed Martin [NYSE: LMT] director of business development for the program said today.

"The F-16 continues as a modern, highly capable, affordable and supportable fighter. The program is healthy and active, with firm production through 2013 and a strong likelihood of new orders that will extend the line for several more years," said Bill McHenry, director of business development for F-16 programs, in remarks to reporters at the Farnborough International Airshow. McHenry also added that there is a firm backlog of 86 F-16 aircraft, including a recent order from Egypt for 20 new, Advanced Block 50/52 aircraft, the sixth follow-on buy for this country.

More than 4,450 F-16s have been delivered worldwide since the program's inception more than 30 years ago - including 53 follow-on buys by 14 countries.

In addition to the F-16 production programs, Lockheed Martin continues to develop the F-16 for the future by integrating advanced technologies through upgrade programs for existing F-16s to ensure interoperability with the world's only 5th Generation fighters, the F-22 Raptor and F-35 Lightning II.

"This integration of advanced technologies for fielded and new aircraft provides an opportunity for F-16 operators to benefit from the latest developments in technology and capabilities for fighter aircraft," McHenry said. "This synergy will parallel technology and provide a natural bridge from the 4th Generation of fighters to the 5th Generation."

Aircraft now being produced for Turkey, Pakistan, Morocco and Egypt are the Advanced Block 50/52 F-16C/D configuration. The United Arab Emirates was the launch customer for the Block 60 F-16 E/F version, and is the platform basis for the proposed variant called the F-16IN Super Viper for the Indian Air Force's Medium Multi-role Combat Aircraft competition.

McHenry said the F-16 offers the latest technologies and capabilities available today - including AESA radar, day-night, all-weather, standoff, autonomous, air intercept and precision strike. These aircraft have the latest in avionics, sensors and weapons, plus user-friendly cockpits and systems integration that provide pilots with high situational awareness.

With acknowledgements to Lockheed Martin Corporation (NYSE: LMT) and ASD News.

The F-16 is also considerably less expensive to acquire, operate and support than the Gripen that British Aerospace and Saab were offering to the SAAF.

Yet Modise et al were determined to take the offerings of BAe at all cost and any cost.

We could have saved about :

  • R6,3 billion in acquisition costs in 2010 Rands;

  • R4,0 billion in unlawful commissions in 2010 Rands;

  • R30 billion in operating costs in 2010 Rands;

  • R20 billion in support costs in 2010 Rands;

That's a cool R60 billion in 2010 Rands over 30 years that we could have saved by not buying the JAS 39 Gripen from BAe.

And we didn't even need to start looking at purchasing new fighter aircraft until 2008 to 2012 for acquisition in 2012 to 2015.

Yet Fana and John and Alan got wonga and Joe Modise and Richard Charter retired early.