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BAE signs UK defence deal
Osaka News.Net Wednesday 20th August, 2008
BAE Systems has signed a 15-year deal with the UK Ministry of Defence to supply the UK armed forces with small arms and medium-calibre ammunition.
It also includes mortar bombs, tank, artillery and naval gun shells.
The deal covers about 80% of the munitions used by the armed forces on operations and training.
The dealis said to be initially worth about £2 billion.
The contract could rise to a total of £3 billion, depending on how much ammunition was ordered.
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