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Saturday, May 19, 2012

Chile advances plan to build submarine

[Crocodile Class 250]Chile is going ahead with plans to build its own submarine and patrol boats as part of a program to develop the Latin American nation's defense manufacturing industry.

Brazil's international success with aviation and defense industrial development has inspired its neighbors to develop their own defense industries, both as a source of export revenue and as a response to growing domestic demand for modernization from the armed forces.

Shifting political alliances and economic problems led to several regional countries being denied equipment from U.S. defense suppliers, a major source in the past.

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