Business
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Aug- 2019 -8 August
South Korea cleared for $800 million MH-60R Seahawk helicopters purchase
The US State Department approved the sale to South Korea of 12 Sikorsky MH-60R Seahawk multi-role helicopters at an estimated cost of $800 million
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5 August
Myanmar military’s powerful business interests fund atrocities, UN says
Tougher sanctions are needed against Myanmar's military as economic interests generate a fortune that helps fund atrocities, UN investigators said
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1 August
Lockheed awarded $800 million Slovakia F-16 fighter jet contract
Lockheed Martin was awarded an almost $800 million contract to produce and support F-16 fighter jets for Slovakia
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Jul- 2019 -29 July
Cambodia to spend $40 million more on Chinese military equipment
Cambodia will spend an additional $40 million on Chinese weapons to further modernize its military, in the latest sign of increased defense ties
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23 July
Bulgaria president vetoes $1.3 billion F-16 fighter jet purchase
Bulgarian President Rumen Radev vetoed a $1.3 billion deal to buy eight F-16 fighter jets from the US, saying there had been insufficient debate
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23 July
Lockheed Martin reports $14.4 billion in second quarter sales
Lockheed Martin posted net sales of over $14 billion for the second quarter of 2019, along with higher net earnings and cash from operations
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20 July
Lockheed awarded $1.5 billion Saudi Arabia THAAD missile defense system contract
Lockheed Martin was awarded an almost $1.5 billion contract to supply Terminal High Altitude Area Defense Interceptor support items for Saudi Arabia
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18 July
US House votes to block $8.1 billion in Saudi Arabia arms sales
The US House voted to block $8.1 billion in arms sales to Saudi Arabia and other allies, a rebuke of Donald Trump that will likely lead to a veto by the president
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18 July
Turkey excluded from F-35 stealth jet program after S-400 deliveries from Russia
The US confirmed Turkey is to be excluded from the F-35 stealth fighter jet program after it purchased the Russian S-400 air defense missile system
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16 July
Lockheed Martin awarded $492 million HIMARS contract for US, Poland and Romania
Lockheed Martin was awarded a $492 million contract for HIMARS M142 launchers for the US Army and Marine Corps, Poland and Romania
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