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Australia To Outfit New Frigates With Aegis Missile Defense System

Australian Prime Minister Malcolm Turnbull said Oct. 3 that nine proposed future frigates being built in the 2020s will include the Lockheed Martin [LMT] Aegis missile defense system.Speaking at the opening of the country’s largest naval conference in Sydney, Turnbull said the Aegis Combat Systems will be made by Lockheed Martin in cooperation with Saab’s Australia branch.Turnbull alluded to recent North Korean ballistic missile tests by explaining that “recent events in our region have proven that Australia’s future frigates must be equipped to…

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