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Wednesday, January 10, 2007

IAI signed over $4b in contracts in 2006
Israel Aerospace Industries new contracts for 2006 exceeded $4 billion for the first time. Important contracts last year included a $300-400 million contract to develop an advanced version of the Barak with India.

IAI also signed a $230 million unmanned aerial vehicle (UAV) deal with India and a $45 million UAV contract with Australia.

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