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Australia awards South Korea's Hanwha $4.7 billion defence contract

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Australia awards South Korea's Hanwha $4.7 billion defence contract

South Korea's biggest defence company Hanwha Aerospace on Thursday beat Germany's Rheinmetall to win an Australian contract worth up to A$7 billion ($4.74 billion) for building 129 infantry fighting vehicles.

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Australia awards South Korea's Hanwha $4.7 billion defence contract

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Australia awards South Korea's Hanwha $4.7 billion defence contract

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