Market
Which contractor will face significant challenges in the F-16 support deal by end of 2025?
2
Resolution / Starting Odds
Sabena Technics • 33%
Lockheed Martin • 33%
Pratt & Whitney • 33%
Reports from credible defense industry analysts or major news outlets
Story
Biden Administration Approves $266.4M Deal for F-16 Support to Ukraine
Dec 10, 2024, 08:49 PM
The U.S. State Department has approved a foreign military sale to Ukraine, providing F-16 fighter jet sustainment services, spare parts, and technical support for an estimated cost of $266.4 million. The deal, announced by the Pentagon and the State Department on Dec. 10, involves maintenance services necessary for the upkeep of Ukraine's growing fleet of F-16 fighter aircraft. The prime contractors for this deal are Sabena Technics, Lockheed Martin, and Pratt & Whitney. This approval marks the beginning of Lockheed Martin and Pratt & Whitney's involvement in supporting Ukraine's F-16 fleet, as the country seeks to bolster its air force capabilities under the Biden administration.
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