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

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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.

 


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