Lockheed Martin Awarded $512 Million Contract for F-16 Block 70 Production for Bulgaria

Lockheed Martin Aeronautics has been awarded a $512 million firm-fixed-price contract for the production of F-16 Block 70 fighter aircraft for Bulgaria.

The contract provides for the production of eight F-16 Block 70 aircraft ordered for the Bulgarian Air Force. 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 $507.8 million are being obligated at the time of the award. The contract value also includes around $4.2 million of pre-priced options. The U.S. Air Force Life Cycle Management Center (AFLCMC) at Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8615-20-C-6051).

The contract work will be completed in Ft. Worth, Texas; and Greenville, South Carolina, and is expected to be completed by Jan. 31, 2027.

Last year, the sale of F-16C/D Block 70/72 fighter aircraft to Bulgaria was approved by the U.S. State Department under the FMS program for an estimated cost of $1.673 billion.

“Bulgaria currently relies on the United States and the United Kingdom to participate in joint air policing.  By acquiring these F-16s and the associated sustainment and training package, Bulgaria will be able to provide for the defense of its own airspace and borders”, sai a DSCA statement at the time.

The F-16 Block 70 is the newest and most advanced F-16 production configuration, combining numerous capability and structural upgrades.

The F-16 Block 70 features advanced avionics, a Northrop Grumman AN/APG-83 Scalable Agile Beam Radar (SABR) Active Electronically Scanned Array (AESA) radar, a modernized cockpit, advanced weapons, conformal fuel tanks (CFT), an Automatic Ground Collision Avoidance System (Auto GCAS), an advanced engine and an industry-leading extended structural service life of 12,000 hours.

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