Lockheed Martin Delivers First F-16 Block 70 Jet to Bulgaria
Rhea-AI Summary
Lockheed Martin (NYSE: LMT) has delivered its first F-16 Block 70 jet to Bulgaria, marking a significant milestone in Bulgaria's air force modernization efforts. The delivery ceremony took place in Greenville, South Carolina, with Bulgarian Defence Minister Atanas Zapryanov and other officials in attendance.
Bulgaria has ordered a total of 16 aircraft. The F-16 Block 70 will enhance Bulgaria's role in allied peacekeeping missions in Europe and globally. Lockheed Martin currently has a backlog of 117 F-16 Block 70/72 jets to be produced at its Greenville facility, with 23 already delivered to international partners. The F-16 program supports over 46,000 American jobs.
Positive
- Secured order for 16 F-16 Block 70 jets from Bulgaria
- Strong backlog of 117 F-16 Block 70/72 jets
- Successfully delivered 23 jets to international partners
- Program supports 46,000 American jobs
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, LMT declined 1.63%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The delivery was celebrated in a ceremony last Friday morning in
"The F-16 will help the Bulgarian Air Force stay ahead of threats in the region and play a key role in the allied peacekeeping mission in
Lockheed Martin has a backlog of 117 F-16 Block 70/72 jets to be produced in
Download more Bulgaria F-16 Block 70 delivery ceremony photos.
About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.
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SOURCE Lockheed Martin Aeronautics