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Farnborough: BAE Systems identifies F-16 upgrade market potential

15th July 2014 - 06:22 GMT | by Beth Maundrill in Farnborough

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BAE Systems remains optimistic that its F-16 upgrade package has future opportunities with a number of air forces internationally, it was revealed at the Farnborough International Airshow on 14 July.

Following a contract award to upgrade South Korea’s fleet of F-16s, John Bean, VP and General Manager of Global Fighter Programmes for BAE Systems, said he was optimistic that the company would have access to the majority of what he predicted to be a $5 billion market over the next five years.

‘There are a number of air forces with F-16s which will require some kind of upgrade over the

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Beth Maundrill

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Beth is Deputy Editor - Land at Shephard Media, managing coverage across all formats of …

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Farnborough: BAE Systems identifies F-16 upgrade market potential

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Want to keep reading this article?

Author

Beth Maundrill

New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia

Ireland begins work on buying fighter jets and doubling the naval fleet

UK Chancellor commits £2 billion to make the country a “defence industrial superpower”

Launch of Gilat Defense targets DoD market

New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia

UK Chancellor commits £2 billion to make the country a “defence industrial superpower”

Launch of Gilat Defense targets DoD market

Collins MAPS Gen II to equip US DoD watercraft

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