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Raytheon gets OK for $10.5 billion Patriot sale to Poland - Pentagon

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Raytheon gets OK for $10.5 billion Patriot sale to Poland - Pentagon

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(Reuters) – The U.S. State Department approved a possible $10.5 billion (7.95 billion pounds) sale of Raytheon Co’s <RTN.N> Patriot missile defence system to Poland, the Pentagon said on Friday. NATO member Poland has sped up efforts to overhaul its military following Russia’s annexation of Ukraine’s Crimea peninsula in 2014 and in response to Moscow’s renewed military and political assertiveness in the region. Defense Minister Antoni Macierewicz said in March that Poland expected to sign a deal with Raytheon to buy the Patriot missile defence system by the end of the year.

(Reporting by Mike StoneEditing by Jonathan Oatis)
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