Why Turkey Is Cutting Back It Massive F-16 Fighter Jet Deal
Turkey is reducing its planned $23 billion acquisition of forty Block-70 F-16 Fighting Falcons and 79 upgrade kits to cut domestic spending, potentially saving billions. This decision follows the recent approval from the U.S. after Turkey agreed to Sweden's NATO membership. Lockheed Martin remains confident in the F-16's benefits for Turkey. However, Turkey's focus appears to be shifting towards its domestically-developed TAI KAAN (TF) fighter, which had its maiden flight in February.
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