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Lockheed Martin [LMT] on Monday at IDEX unveiled a new short and medium-range air defense, developed with Germany’s Diehl Defence and Sweden’s Saab, at an international defense conference, with officials positioning the system as a potential option for international customers. The new Falcon weapon system may be offered as a potential replacement for the UAE’s Hawk air defense system. "Our international customers are looking for the next generation short and medium range air defense solution. Falcon is threat driven and…
