- BAE Systems' (OTCPK:BAESY) U.S. unit says the U.S. Air Force has stopped some of its initial work on a project to upgrade South Korea's F-16 fighter jets amid ongoing talks about the second phase of the project.
- "We remain concerned about the lack of progress in the negotiations between the Republic of Korea and the U.S. Air Force on the KF-16 upgrade program that has now resulted in a partial stop work order," says BAE spokesman Brian Roehrkasse.
- Previously: BAE systems contract to upgrade Korean F-16s at risk