KRAIT
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nope f-16s are definitely going to be in service for atleast 30 years from now..the midlife upgrade will give them ATLEAST 20 years life.
we have no solid info waht fifth gen can we induct in near future..only option seem is joint venture with china or if china devlops a single engine version so called the J-2X, if so it would rather complement then replace the f-16s..
PAF is gear up to ensure that f-16s should be in service for very long time, just like our mirages
I think if jv between pakistan n china do occur on fgfa, then as u pointed out, it probably will be single engine like F-35. I think this fgfa will act as air superiority aircraft while F-16 may be replaced or complemented by JF-17 Block II/Block III.