FORT WORTH (CBSDFW.COM) – Instead of Fort Worth, Lockheed Martin could soon be building some of their F-16 fighter jets in India.READ MORE: I-Team: Bank Of America And Zelle Customers Targeted In New High-Tech Scam
If the Indian Air Force adds F-16s to their fleet the deal would involve India producing the latest version of the fighter — the F-16 Block 70.
A Lockheed official calls the offer involving the new fighter jet “unprecedented”.
Lockheed is facing competition from rival Boeing’s FA-18E as well as French and Swedish options, and all the deals involve opening a production facility in India.
As it stands, the number of orders already placed for the F-16 would keep Lockheed U.S. production line open until at least late 2017 and as far out as 2020 if additional foreign orders come in.MORE NEWS: Parents Share Safety Concerns At Mansfield ISD Town Hall On Campus Security Following School Shooting
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