U.S. officials say that Iraq will receive its first batch of Lockheed Martin's (LMT -0.5%) F16s...

|About: Lockheed Martin (LMT)|By:, SA News Editor

U.S. officials say that Iraq will receive its first batch of Lockheed Martin's (LMT -0.5%) F16s that it acquired in September 2014. Washington agreed last year to sell 36 F-16 jets to Baghdad in a multi-billion-dollar deal aimed at increasing the capabilities of Iraq’s fledgling air force, a weak point in its national defenses.