09:26 AM EDT, 08/13/2025 (MT Newswires) -- Lockheed Martin ( LMT ) said Wednesday it is expanding its industrial collaboration package for the Philippines, under its F-16 Block 70 solution for the country's multi role fighter program.

The collaboration would include a strategic partnership with Southern Methodist University to further intellectual property creation and workforce development, the company said.

The partnership would also provide a platform for technology and knowledge transfer, which includes funding for business incubation, government initiatives, and academic programs, Lockheed Martin ( LMT ) added.