Invest News DetailReuters - Turkish defense company Tusas said it will modernize 42 of Pakistan's F-16 jet fleet under a deal worth around USD 75 million. The project will begin in October 2010 in Tusas' facilities and will take 46 months, said the company in a written statement sent to Reuters. Tusas has modernized Jordan's F-16 fighters under the terms of a deal signed in 2006. NATO member Turkey and Pakistan have close military and strategic ties. Tusas also signed a USD 500 million agreement with Airbus to produce parts for A350 planes.