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American global aerospace, defense, security and advanced technologies company Lockheed Martin said, Tuesday, that it expects orders for its General Dynamics F-16 Fighting Falcon to triple based on demand from several countries, including Morocco.
The firm believes that future orders from the kingdom of Morocco and Middle Eastern and Asian countries could «increase its sales by at least another 60 examples», Flight Global.
«In our plan, we see countries like Morocco and other countries out in the Far East that in aggregate could grow our backlog by another 60 aircraft», Kenneth Possenriede, executive vice-president and chief financial officer of Lockheed Martin said. «We see a great future for F-16», he added.
In June, US State Department approved the possible sale of 25 new production F-16 Block 72 aircraft and F-16V upgrades for Morocco.
