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CHINA-US: TAIWAN CONCLUDES AGREEMENT WITH U.S. TO PURCHASE LATEST F-16 FIGHTER AIRCRAFT

Bloomberg reported (August 15) that Taiwan formally signed an agreement to buy 66 of the latest model F-16 jets built by Lockheed Martin Corp. Taiwan’s purchase of the F-16s marks the first sale of advanced fighter jets to the island since President George H.W. Bush announced approval for 150 F-16s in 1992.