Wednesday, February 1, 2012

Israel, US may export Arrow to South Korea

"Defense News" reports that Israel and the US may export the Arrow 2 anti-ballistic missile system to South Korea in a $1 billion deal - the first potential exports of the system made by Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) and Boeing Company (NYSE: BA). The US and Israeli government have given the go-ahead for marketing of the system. India is another potential customer. 

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