Lockheed Martin Aeronautics has announced the Republic of Bulgaria has awarded a USD 512,004,418 firm-fixed-price contract for production of eight F-16 Block 70 aircraft, the company said.
This contract value includes USD 4,185,516 of pre-priced options.
Work will be completed in Ft. Worth, Texas; and Greenville, South Carolina, and is expected to be completed by Jan. 31, 2027.
This contract award is 100% funded via foreign military sales (FMS) to the Republic of Bulgaria and is the result of a Bulgarian country-conducted competition. FMS funds in the amount of USD 507,818,902 are being obligated at the time of award.