Taiwan finalises purchase of F-16 jets from Lockheed Martin

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Taiwan's new contract with Lockheed Martin, which the Pentagon said is for an initial delivery Taiwan’s new contract with Lockheed Martin, which the Pentagon said is for an initial delivery order of 90 F-16 fighter jets, allows the self-ruled island to modernise its defences. (Photo: AFP/Mandel Ngan)

WASHINGTON: Taiwan finalised the purchase of F-16 fighter jets from US aircraft manufacturer Lockheed Martin on Friday (Aug 14), a source confirmed to AFP, in a deal previously reported to be worth US$8 billion.

The Pentagon announced on Friday a 10-year, $62 billion contract with Lockheed Martin for the new production of F-16 Foreign Military Sale aircraft. Underscoring the sensitivity of the transaction, the announcement did not specify the buyer or buyers, but a source familiar with the matter confirmed to AFP that Taiwan was one of them.

The self-ruled island, which China considers part of its territory, last year obtained the green light from Washington for the purchase of 66 new generation F-16s, which will allow it to modernise its defences.

Taiwan already has a fleet of F-16s purchased in 1992.

READ: Commentary – Fighter jet sales to Taiwan and the complex US-China balance of power

The new contract, which the Pentagon said is for an initial delivery order of 90 jets, provides for more modern aircraft with the newest technology and weaponry.

Beijing insists that Taiwan – an island of 23 million people that has been self-ruled since 1949 – is part of its territory and has vowed to respond with force if Taipei ever formally moves towards declaring independence.

Washington, which switched diplomatic recognition from Taipei to Beijing in 1979, remains Taiwan’s most powerful ally and its main supplier of arms.

The Lockheed contract comes as Beijing flexes its political muscle in Hong Kong, imposing a sweeping security law on the international business hub, a move that has caused concern in Taiwan.

It also comes two days after a visit to Taiwan by the highest-level US delegation since 1979, provoking fury from Beijing, with ties between the two superpowers severely strained over issues from trade to military and security issues, human rights and the coronavirus pandemic.

Editor’s note: This article has been updated to correct an error from AFP which reported the size of the F-16 deal with Taiwan to be US$62 billion.