31 Aug '12, 10pm

Boeing Sees Promise in F-16-to-Drone Conversion Market

JACKSONVILLE, Fla. — Boeing sees its work turning F-16 fighters into pilotless target drones as an avenue to boost its presence in the United States and international Falcon support and upgrade market. Company officials see global F-16 upgrades being a billion-dollar business, particularly as the U.S. Air Force prepares to extend the life and upgrade more than 300 jets in the coming years. The move shows one way the company is looking to diversify their support business beyond Boeing-built aircraft, particularly as military budgets shrink and fewer fighter procurement programs are on the horizon. “We’re taking a look at the install base of airplanes that are out there,” Tony Parasida, the president of Boeing’s Global Services and Support business, said during an Aug. 29 meeting with reporters in St. Louis. The F-16, which was built by General Dynamics and now Lockheed Mart...

Full article: http://www.defensenews.com/article/20120831/DEFREG02/3083...

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Boeing Sees Promise in F-16-to-Drone Conversion...

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