Greece will buy 30 additional F-16 Block 52+ aircraft, with an option for an additional 10 aircraft, to augment its current fleet of F-16 fighters, according to Lockheed Martin officials. The deal for the 30 aircraft is worth $1.2 billion to Lockheed. The company must deliver the new fighters by 2009. That’s good news for the Fort Worth crowd.
Earlier this week, the People’s Republic of China confirmed it is halting its nuclear arms control talks with the U.S., in retaliation for the U.S. continuing to sell arms to Taiwan. The move reinforces a “pattern of behavior” from Beijing, experts say.