The F-16 Fighting Falcon was introduced to the US Air Force in 1978 as a multirole, fourth-generation fighter. Its many upgrades have maintained its relevance in modern warfare despite lacking some stealth capabilities found in fifth-generation fighters. The F-16 is well-regarded among global air forces for its affordability and effectiveness. Prices for early models were around $13 million, while newer versions range from $25 to $30 million, with advanced F-16V variants costing over $60 million. Its combination of price and performance has ensured its popularity.
Originally entering the service of the US Air Force in 1978, the F-16 Fighting Falcon was designed as a multirole, fourth-generation fighter.
Early models of the F-16 could be had for around $13 million, while newer variants typically range from $25 to $30 million.
The most advanced versions of the F-16, such as the Viper (F-16V) variants, can cost upwards of $60 million.
Despite lacking some advanced stealth capabilities, the F-16 is one of the most popular fighter aircraft among world militaries due to its price and combat effectiveness.
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