Lockheed Martin Announces Industrial Participation, Offset Opportunities For Thailand
July 16, 2024 | Lockheed MartinEstimated reading time: 1 minute
Lockheed Martin announced it would continue its legacy of delivering economic value to Thailand through a robust industrial participation proposal – also known as an “offset” proposal – driven by the Thai government’s evaluation of the F-16 Block 70/72 for its future fighter program.
Projects offered as part of the F-16 Block 70/72 proposal include support for the creation of a Research and Development Center to advance Thailand’s capabilities across a number of sectors, including manufacturing and agriculture; advanced aerospace engineering training for industry partners in Thailand and the Royal Thai Air Force; manufacturing workforce development projects; technical assistance for an advanced datalink upgrade to ensure interoperability with existing fleet; advanced fighter maintenance training for the Royal Thai Air Force; investigating supply chain opportunities for Thai industry; and sustainment capabilities developed within Thailand.
“Lockheed Martin values our 40-year partnership and history with Thailand and the Royal Thai Air Force, and we are confident the F-16 Block 70/72 will complement its existing F-16 fleet,” said Aimee Burnett, vice president, business development, Integrated Fighter Group at Lockheed Martin. “The F-16 Block 70/72 would deliver the advanced 21st Century Security® capabilities and performance needed to address Thailand’s most pressing defense requirements.”
She added: “Lockheed Martin brings decades of experience delivering value to local industries and workforces, including a successful history of executed offset projects with Thai industry partners and the Royal Thai Air Force. We are excited to bring that same mindset to the F-16 Block 70/72 program.”
Suggested Items
Danish Founded Defense Group Aims for More Responsibility Within the Defense Supply Chain
09/09/2024 | CONFIDEEUnder the slogan "Together We Are Stronger," the AS9100 Nordic Consortium unites a powerful network of committed Danish companies, along with one Norwegian partner.
Teledyne FLIR Delivering Airborne Surveillance Systems to Japan Maritime Self-Defense Force Worth Up to $21 Million
09/09/2024 | BUSINESS WIRETeledyne FLIR Defense, part of Teledyne Technologies Incorporated, has announced that it is delivering its Star SAFIRE® 380-HLD multi-spectral imaging systems to the Japan Maritime Self-Defense Force (JMSDF) as part of an agreement worth up to $20.8 million.
MicroCare to Showcase Innovative Cleaning Solutions at SMTA Trade Shows
09/09/2024 | MicroCare, LLCMicroCare, LLC, a global leader in critical cleaning solutions, is proud to announce its participation in SMTA (Surface Mount Technology Association) trade shows across the globe for the rest of 2024. MicroCare will highlight its innovative cleaning fluids and tools designed to help electronics manufacturers achieve the lowest-cost-per-part-cleaned while ensuring superior performance and improved environmental sustainability.
September Design007 Magazine: Silicon to Systems
09/09/2024 | I-Connect007 Editorial TeamThe increase in complexity in electronics is driving technologists throughout the electronics supply chain to adopt a “silicon to systems” outlook. This month, we asked our expert contributors to weigh in on silicon to systems—what it means to PCB designers and design engineers, EDA companies, and the rest of the PCB supply chain—from soup to nuts.
Zhen Ding Posts August 2024 Monthly Revenue Report
09/06/2024 | Zhen Ding TechnologyZhen Ding Technology Holding Limited, a global leading PCB manufacturer, today reported August 2024 revenue of NT$17,814 million, up 29.2% YoY and up 32.4% MoM, setting a record high for the same period in the company’s history