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Germany’s Rheinmetall said Friday it will compete for Australia’s potentially $10 billion competition to replace its M113 armored carriers with a modernized tracked vehicle, joining BAE Systems, General Dynamics [GD] Land Systems and South Korea’s Hanwha Defense Systems. The bid period for Land 400 Phase 3, also known as the Mounted Close Combat Capability vehicle program, concluded on March 1 with the four companies vying to deliver up to 450 new armored vehicles for the Australian Army. Rheinmetall is offering…
