On November 16, the U.S. Department of Defense announced that Lockheed Martin has been awarded a $53,190,386 hybrid cost-plus-fixed-fee and firm-fixed-price modification to contract FA8615-12-C-6016 for miscellaneous support for 50 retrofit aircraft to the Taiwan F-16 Peace Phoenix Rising program.
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| Under the Phoenix Rising program, Taiwan is upgrading its fleet of 144 Lockheed Martin F-16 A/B Block 20 Fighting Falcon combat aircraft to the F-16V configuration (Picture source: ROC Air Force) |
