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ST Kinetics Wins Demilitarization Contract

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ST Engineering recently announced that its land systems arm, ST Kinetics, has been awarded about S$58.8 million contract for the demilitarization of ammunition for a country in Africa. The contract involves the supply of specialized equipment and related services, such as training and operations assistance. The first delivery is scheduled to be completed in the second half of 2010, with the final delivery expected within the first half of 2012. Ammunition demilitarization involves destroying the inherent capabilities of the ammunition…

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