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EGYPTIAN AIR FORCE CELEBRATES 25 YEARS OF F-16 OPERATIONS

FORT WORTH, Texas, August 29, 2007 -- Egyptian and U.S. Air Force officials participated in a ceremony in Cairo, Egypt on Aug. 25 commemorating the 25th anniversary of Egypt’s acquisition of the Lockheed Martin [NYSE: LMT] F-16 Fighting Falcon.

Egypt was the first Arab country to purchase F-16s through a Foreign Military Sales (FMS) program called Peace Vector. The Egyptian Air Force (EAF) received a total of 42 F-16s in its first order in 1980 and since then has purchased five more lots of aircraft, for a total of 220 F-16 Fighting Falcons.

“The Egyptian Air Force’s F-16 program is one of the largest F-16 programs in the world and they have a distinguished record flying the aircraft,” said John Larson, vice president Lockheed Martin F-16 programs as he addressed the crowd at the event. “Lockheed Martin is pleased to be playing a key part in the Egyptian fighter force structure.”

"As we observe this historic silver anniversary, we are also celebrating the long, cooperative partnership our company has enjoyed with Egypt. This relationship extends beyond Lockheed Martin to include many other U.S. companies that are also part of the F-16 industrial team," Larson said.

Lockheed Martin continues to work with the EAF on upgrade and modification programs for their fleet of F-16s through initiatives such as the V-83 Airborne Video Tape Recorder upgrade on their Block 40 aircraft, and the Falcon-UP structures modifications of the Peace Vector I and Peace Vector II aircraft slated to begin next year.
Other Arab countries now operating the F-16 are Bahrain, Jordan, the United Arab Emirates and Oman.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2006 sales of $39.6 billion.

 

Contact:

Laurie Quincy, 817-777-0674,
e-mail: laurie.a.quincy@lmco.com

David Jewell, 817-777-6714
e-mail: david.m.jewell@lmco.com



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