Peru is set to buy 24 F-16V Block 70 fighter jets, overturning a tender that was previously won by Sweden’s Gripen.
Despite Gripen’s lower price tag, Lima is reportedly choosing the F-16 due to a broader U.S. strategic package, including logistics, financing options, and deeper defense ties.
The move aligns with Peru’s expected designation as a major non-NATO Ally of the United States. The deal is estimated at $7 billion, with an official announcement expected after Peru’s 2026 elections.
The Fuerza Aérea del Perú (FAP, Peruvian Air Force) has been selecting a new fighter aircraft for some time. Local media reports that the Ministry of Defence (MoD) has selected the Lockheed Martin F-16V Block 70 over the Dassault Rafale F4 and the Saab JAS 39 Gripen E/F.
The proposed deal, valued at approximately $7 billion, would cover 24 F-16V. However, the contract has not yet been formalised and is expected to be presented after this year’s general elections in April.
The acquisition plan includes an initial order for 12 aircraft, with an option for 12 additional units. This would allow the FAP to replace the MiG-29s operated by Grupo 6 and, eventually, the Mirage 2000s of Grupo 4.
Peru was recently granted the status of ‘non-NATO strategic ally’ by the United States, opening the possibility of acquiring modern US military equipment under favourable conditions. However, the contract has NOT yet been signed, and the current reporting could reflect a positioning or framing effort by Lockheed Martin. The decision could still be altered by the next incoming administration.
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