financetom
Business
financetom
/
Business
/
Taiwan says delayed US F-16s to start arriving this year
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Taiwan says delayed US F-16s to start arriving this year
Mar 21, 2026 6:51 PM

* Taiwan faces delays in US weapons deliveries

* Lockheed Martin ( LMT ): committed to Taiwan's security goals

* US in 2019 approved $8 bln sale of F-16 fighter jets to

Taiwan

TAIPEI, March 22 (Reuters) - Deliveries of delayed F-16V

fighter jets for Taiwan will begin this year with production at

"full capacity", the island's defence ministry said after senior

defence officials visited the United States.

Taiwan, which faces a rising military threat from China, has

complained of repeated delays to weapons ordered from the U.S.,

the most important international backer and arms supplier for

the island, which Beijing claims as its territory.

The United States in 2019 approved an $8 billion sale of

Lockheed Martin F-16 fighter jets to Taiwan, a deal that

would take the island's F-16 fleet to more than 200 jets, but

the project has been hit by issues including software problems.

Deputy Minister Hsu Szu-chien, accompanied by Air Force

Deputy Chief of Staff Tien Chung-yi, visited Lockheed Martin's ( LMT )

F-16V assembly line in South Carolina on Monday to view the

first aircraft, Taiwan's defence ministry said in a statement

late on Saturday.

Deliveries will begin this year, the ministry said, without

elaborating.

Lockheed Martin ( LMT ) has assigned several hundred personnel to

assemble the remaining aircraft, and "there are no bottlenecks

in either parts supply or manpower; production is proceeding at

full capacity on a two-shift schedule", it said.

Lockheed Martin ( LMT ) said in a statement that it was committed to

"delivering advanced deterrence capabilities to support Taiwan's

security goals".

"We continue to work closely with the U.S. government to

accelerate delivery where possible," it said.

Because the F-16V is a new model specially designed for

Taiwan, continued test flights are still needed to fine-tune its

systems, and tests must be carefully carried out, the ministry

said.

Taiwan has converted 141 older F-16A/B jets into the F-16V

type and has ordered 66 new F-16Vs, which have advanced

avionics, weapons and radar systems to better face down the

Chinese air force, including its stealthy J-20 fighters.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Citigroup swings to profit on trading strength, surging deals
Citigroup swings to profit on trading strength, surging deals
Jan 15, 2025
(Reuters) - Citigroup ( C/PN ) swung to a profit in the fourth quarter, fueled by strength in trading and a recovery in dealmaking that drove up investment banking fees. Trading desks at the banks benefited from a banner year in U.S. equities, with the S&P 500 touching record-high levels in the fourth quarter. Markets revenue at Citi jumped 36%...
Citigroup Swings to Q4 Profit, Revenue Rises
Citigroup Swings to Q4 Profit, Revenue Rises
Jan 15, 2025
08:07 AM EST, 01/15/2025 (MT Newswires) -- Citigroup ( C ) reported Q4 earnings Wednesday of $1.34 per diluted share, swinging from a loss of $1.16 a year earlier. Analysts polled by FactSet expected $1.22. Total revenue for the quarter ended Dec. 31 was $19.58 billion, compared with $17.44 billion a year earlier. Analysts surveyed by FactSet expected $19.51 billion....
Canada's First Ministers Wednesday Meeting May Reveal More on Possible Tariff Responses to U.S., Says Scotiabank
Canada's First Ministers Wednesday Meeting May Reveal More on Possible Tariff Responses to U.S., Says Scotiabank
Jan 15, 2025
08:07 AM EST, 01/15/2025 (MT Newswires) -- A First Ministers' meeting in Canada will be held at 11 a.m. ET Wednesday that will also include the finance minister, foreign affairs minister, and Canadian ambassador to the United States, said Scotiabank. Media availability will be held at 3 p.m. ET Wednesday, noted the bank. Canada's response to potential tariffs from the...
Top Premarket Gainers
Top Premarket Gainers
Jan 15, 2025
08:06 AM EST, 01/15/2025 (MT Newswires) -- Safe & Green Holdings ( SGBX ) shares surged 109% in recent Wednesday premarket activity, a day after it said it executed a letter of intent to purchase 100% of the outstanding securities of New Asia Holdings. Vision Marine Technologies ( VMAR ) stock soared 49% after it said overnight it filed a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved