Lockheed Martin Awarded $34.1m for Korea F-16 Service Life Extension Program

Lockheed Martin Corp., Fort Worth, Texas, has been awarded a $34,177,354 firm-fixed-price modification (P00031) to contract FA8615-17-C-6045 for the Service Life Extension Program for the Republic of Korea’s F-16 aircraft.

Work will be performed in the Republic of Korea and is expected to be completed Aug. 15, 2026.