Lockheed Martin To SHUT DOWN F-16 Plant, Ships Jobs To INDIA?

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With production winding down after 40 years in Fort Worth, Lockheed Martin is considering a plan to move assembly of future F-16 fighter jets to India — if that country places a big order for the planes.

The defense giant has offered India exclusive rights to produce and export F-16s, said Ken Ross, a spokesman for Lockheed Martin Aeronautics in Fort Worth.  

“We are in discussions with the U.S. government, the government of India and our Indian industry partners about this opportunity,” Ross said. “Details about this potential partnership will be determined in conjunction with the respective governments, Lockheed Martin and Indian industry.”

Lockheed acknowledged in February that the company had offered to build F-16s in India last year at a meeting between Lockheed’s CEO Marillyn Hewson and Indian Prime Minister Narendra Modi. India is looking to replace many of its air force’s 650 planes and wants to become a hub for defense manufacturing.

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