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Saturday, June 09, 2012

Turkey to declare $4 bln decision on air defense

Patriot PAC-3Turkish authorities are gearing up next month to announce their pick for Turkey’s critical Long-Range Air and Missile Defense Systems. Russian, Chinese, American and European companies are in the running. Raytheon, Lockheed Martin, Eurosam, Rosoboronexport and CP-MİEC are all among the contenders

Turkish authorities are likely to announce their choice for a critical weapons system worth over $4 billion in early July, a senior procurement official said June 8.

The decision is in regards to the Long-Range Air and Missile Defense Systems, or T-Loramids, which American, European, Russian and Chinese companies are vying for.

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