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State Dept OKs $2B Boeing AWACS Upgrade Deal for Saudi Arabia

Saudi Arabia plans to modernize its fleet of Boeing-built (NYSE: BA) airborne warning and control systems aircraft through a $2 billion foreign military sales deal approved by the U.S. State Department. The government of Saudi Arabia is buying 5 AWACS Block 40/45 mission computing upgrade kits and 20 AN/UPX-40 friend …

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