Dec. 21 (UPI) -- The U.S. Air Force has awarded a $997 million contract to Lockheed Martin to update 84 F-16 aircraft to the V-configuration.
Lockheed Martin will work on the contract in Fort Worth, Texas, and in Athens, Greece.
The Defense Department expects work will wrap up by June 2027. The department said $488 million in Foreign Military Sales funds would be obligated at the time of the award.
The F-16V boasts features that include the Active Electronically Scanned Array radar, Automatic Ground Collision Avoidance System, and a Sniper Advanced Targeting Pod.
The first F-16V flight occurred in 2015.