Procurement: F-35 Pushing Down Price of F-16

December 27, 2005: With the new F-35 rapidly approaching introduction, many Western air forces are trying to unload late model F-16s. One such sale occurred recently when Chile got 18 second hand F-16s from the Netherlands. Another three were sold to Jordan. Buying second hand like this cuts up to 50 percent off the purchase price. Chile bought ten brand new F-16s from the U.S. for $60 million each. Chile also bought two second hand warships (frigates) from the Netherlands as well.

Article Archive

Procurement: Current 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999