The Republic of South Korea has cancelled an 1.7 billion USD upgrade program for 134 F-16 fighter jets with BAE Systems, it was reported on Thursday 6 November 2014. It was the Pentagon’s Defense Security Cooperation Agency that announced the cancellation.
The deal with BAE Systems was already in peril for quite some time, with US authorities warning that the program could go severely over budget, perhaps by as much 800 million USD. However, in preparation for the upgrade, two Republic Of South Korea Air Force (ROKAF) F-16s were already flown to at BAe Systems facility in Fort Worth, Texas, earlier this year.
It is not unthinkable these two aircraft will stay there, not to be worked on by BAE Systems but by Lockheed Martin, who was also contending for the update program and has its own huge facility in Fort Worth.
© 2014 Airheadsfly.com editor Elmer van Hest