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Updated Tuesday, January 6, 2009 10:05 am TWN, Reuters

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India signs US$2.1 billion defense deal with Boeing

NEW DELHI -- India has signed a US$2.1 billion contract with leading U.S. aircraft manufacturer Boeing Co. for naval patrol aircraft as part of an overhaul of the South Asian nation's mainly old Soviet military hardware. India, fast becoming one of the world's biggest arms importers, said at least eight of the P-8I anti-submarine and anti-surface warfare planes would be delivered in four years.

“The deal has been signed and the delivery of the P-8I should start in four years' time,” defense ministry spokesman Sitanshu Kar said on Monday.

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