Greece buying 30 more Lockheed-made F-16s (Free Registration)
The sale of 30 F-16s to Greece would extend F-16 production and hundreds of jobs at Lockheed’s Fort Worth plant through 2009.
However it won’t save the jobs of hundreds of other F-16 workers due to be laid off in 2006.
Lockheed Martin needed the order to avoid a gap in the three to four year production cycle that would have resulted in higher costs and perhaps additional job losses.
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