August 15, 2020

Taiwan finalizes $62bn purchase of F-16 jets from Lockheed Martin

Washington (AFP) – Taiwan finalized the purchase of F-16 fighter jets from US aircraft manufacturer Lockheed Martin on Friday, a source confirmed to AFP, in a $62 billion, 10-year deal sure to anger Beijing.Underscoring the sensitivity of the transaction, the Pentagon announced the contract without specifying the buyer, but a source familiar with the matter confirmed to AFP that it was Taiwan.The self-ruled island, which China considers part of its territory, last year obtained the green light from Washington for the purchase of 66 new generation F-16s, which will allow it to modernize its def…


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