Tricky Profit
  • Stock
  • Economy
  • Politics
  • Editor’s Pick
EconomyEditor's Pick

Lockheed Martin facility to service PAF aircraft

by June 4, 2025
by June 4, 2025 0 comment

LOCKHEED Martin Corp. said that it will establish a repair and maintenance facility in the Philippines to service the F-16 fighter jet and the C-130 cargo plane.

“One of the flagship programs from a direct military perspective in supporting our forces is this repair capability… (serving) existing platforms like the C-130 and the F-16,” said Aimee P. Burnett, Lockheed Martin’s vice-president for Integrated Fighter Group Business Development.

The Philippine Air Force (PAF) operates the C-130 Hercules, a turboprop transport aircraft, and is set to receive 20 F-16 Vipers.

The US State Department recently cleared the sale to the Philippines of the F-16s in a package worth $5.58 billion, including spares, munitions, avionics, and technical support services.

Lockheed Martin plans to “work with and through local partners. We connect into and help develop and expand the aerospace and defense ecosystem, that’s in training and capability,” according to William L. Blair, Lockheed Martin Global, Inc. regional chief executive for Asia.

He noted the critical role played by maintenance, repair and overhaul in supporting the US bilateral engagement with the Philippines.

The Philippines has sought to bolster its ability to defend its territory in the face of Chinese encroachments in the South China Sea. Its defense spending plans include a P35-billion military modernization program over the next decade. — Adrian H. Halili

0 comment
0
FacebookTwitterPinterestEmail

previous post
Elon Musk warns excessive spending will plunge US ‘into debt slavery’
next post
Cosmetics industry poised to maintain 10% growth this year

You may also like

3,200 jobs created at San Fernando port in...

June 16, 2025

Jobs blueprint for wholesale, retail out Monday

June 16, 2025

Palay farmgate price falls 28.9% in May

June 16, 2025

More FTAs seen as counter to Trump uncertainty

June 16, 2025

PHL external debt hits $146.74B at end-March

June 16, 2025

3,200 jobs created at San Fernando port in...

June 15, 2025

The current state of the global IPO market

June 15, 2025

Jobs blueprint for wholesale, retail out Monday

June 15, 2025

Palay farmgate price falls 28.9% in May

June 15, 2025

GOCC subsidies decline 48% in April

June 15, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Could private security contractors be the ‘day after’ solution in Gaza?

      June 16, 2025
    • Trump’s Energy Department is taking back our home appliances from berserk bureaucrats

      June 16, 2025
    • Trump endorses House freshman for reelection less than six months into the lawmaker’s congressional tenure

      June 16, 2025
    • I know why the UN Security Council is irrelevant to Gaza. I was there when the US stood up for Israel

      June 16, 2025
    • US needs a new Monroe Doctrine — this time to guarantee AI dominance

      June 16, 2025

    Disclaimer: TrickyProfit.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Copyright © 2025 TrickyProfit.com All Rights Reserved.

    Tricky Profit
    • Stock
    • Economy
    • Politics
    • Editor’s Pick