144 updated F-16 fighter jets ready in Taiwan by 2022
Taiwan News
Date: 2018/02/23
By: Renée Salmonsen, Taiwan News, Staff Writer
TAIPEI (Taiwan News) — South Korea’s recent purchase of F-16V fighter jets will put
money into American and Taiwanese pockets.
Taiwan and the United States were the initial investors of the F-16V, with Taiwan originally fronting US$38 billion toward the aircraft’s development, according to Now News. Even though the original plan was abandoned and many changes have taken place since, whenever any country purchases or upgrades an F-16V, Taiwan and U.S. alike continue to receive dividends.
The first of such F-16V sales was to Bahrain in September 2017, according to Now News.
The Republic of Korea Air Force will spend around US$1.2 billion on military upgrade by replacing 134 KF-16 fighter aircrafts with F-16V jets. The F-16V jets are an advanced version of the American Lockheed F-16 jets. In 1996 South Korea was authorized to produce 140 F-16s, which was called KF-16s to mark the country of manufacture. [FULL STORY]