ECONOMY

UAE enters $1.6 bln deal with Lockheed Martin to upgrade F-16 fighters

A US Air Force F-16 takes off during a training exercise. (Reuters)

United Arab Emirates’ Defence Ministry announced a 6 billion dirham ($1.63 billion) deal with Lockheed Martin Corp to upgrade F-16 jet fighters, a spokesman said on Sunday.

The deal is to upgrade 80 F-16 jet fighters, Major General Abdullah Al Sayed Al Hashemi, Chief of the Military Committee and the spokesman of the UAE Armed Forces, told a news conference.
 

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Last Update: Sunday, 12 November 2017 KSA 15:37 - GMT 12:37
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