Peru to sign $1.15 million contract with Lockheed Martin for 12 F‑16 Block 70 jets

Peru will sign a contract with Lockheed Martin for 12 F‑16 Block 70 aircraft, valued at approximately USD 1.150 million.

The Ministry of Defense will make an initial payment of about USD 345 million, representing 30% of the contract, while a second tranche is estimated at roughly USD 1.643 million, and the overall program will comprise 24 F‑16 Block 70 aircraft delivered in two tranches of 12 each.