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The U.S. State Department announced on Monday its approval of a substantial $3 billion deal to sell advanced helicopters to South Korea.
The U.S. approved a $3 billion sale of 24 MH-60R helicopters to South Korea.
KEY POINTS
- Lockheed Martin is named as the main supplier for the MH-60R multi-mission helicopters.
- Boeing will lead a separate $1.2 billion upgrade of South Korea's defense equipment.
- The upgrade includes advanced radar electronic units and new radios for modernization.
COMPANIES
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