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Tuesday, November 08, 2005

Ten days after quake, Pakistan said Ji Saab to $1 billion deal
Pakistan is close to finalising a $1 billion defence deal for a Saab-Ericsson airborne early warning system.

Two thirds of the $1 billion will be paid for the aircraft, while the rest goes to Ericsson for the Erieye airborne radar.

The deal will also put the Gripen in a good position to enter the Pakistan market.

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