Lockheed Martin has introduced an industrial participation proposal for its F-16 Block 70/72, aimed at securing Thailand’s future fighter jet program. The defense company emphasizes local economic benefits and training initiatives, while rival Saab presents its Gripen fighter jet as a strong contender.
Lockheed Martin’s announcement demonstrates a commitment to economic growth in Thailand, with plans to enhance local capabilities across various sectors. The proposed establishment of a Research and Development Center and aerospace engineering training for the Royal Thai Air Force illustrates Lockheed’s strategy to integrate into the Thai industrial landscape.
According to GlobalData’s “The Global Military Fixed Wing Aircraft Market 2023-2033” report, Lockheed Martin Corp. is projected to be the second leading supplier of military fixed-wing aircraft in the Asia-Pacific region, holding a 15.2% market share.
Aimee Burnett, vice president of business development for Integrated Fighter Group, highlighted the company’s long-standing relationship with the Thai military, stating, “Lockheed Martin values our 40-year partnership and history with Thailand and the Royal Thai Air Force, and we are confident the F-16 Block 70/72 will complement its existing F-16 fleet.”
The Thai Ministry of Defence seeks to collaborate with foreign partners to establish military-industrial facilities in the country. Swedish company Saab has entered into a joint venture with Thailand-based Avia Satcom, establishing Avia Saab Technologies to develop high-tech products in aviation and defense.
GlobalData’s intelligence on the Thailand defense market reveals that the Thai Air Force operates the JAS 39C/D and the Saab 340 AEW/B, as well as various variants of the F-16 aircraft from Lockheed Martin.
In February 2024, Saab bolstered its partnership with Hungary by securing a contract for four additional Gripen C fighter aircraft. Saab has been actively engaging with the Thai government, showcasing the Gripen’s track record in Southeast Asia. This poses a challenge to Lockheed’s narrative, as Saab aims to convince Thailand of their aircraft’s performance and value.
Both Lockheed Martin and Saab must navigate the technical specifications of their aircraft and the economic considerations associated with military purchases. With the procurement process underway, the Thai government is expected to evaluate the aircraft’s immediate capabilities alongside the long-term benefits to its defense industrial base. As Lockheed positions the F-16 Block 70/72 as a proven option, Saab emphasizes the Gripen’s adaptability.
(Souce: Air Force Technology)
