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Industry Waits For U.K., Australian Defense Trade Treaties

DDN

Friday, October 8th, 2010

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Now that the Senate has approved long-delayed military-trade treaties with the United Kingdom and Australia, the U.S. defense industry is looking forward to learn which companies, technologies, and programs will qualify for easier export. The treaties allow the export and transfer of some defense items and services between the United States and the other two countries without export licenses and other approvals now required under International Traffic in Arms Regulations (ITAR). The items and services must be tied to joint…

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