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Sweden plans to sign a $4 billion agreement for frigates from a French defense firm. The contract represents the country's largest military procurement since the 1980s.
Sweden is preparing to sign a $4 billion contract for frigates with a French defense company. The agreement marks Sweden's largest military investment since the 1980s.
The deal covers the acquisition of new frigates for the Swedish navy. Officials have not released further specifications on the number of vessels or delivery timeline.
Has increased defense spending in recent years amid regional security concerns. The frigate purchase continues that trend of expanded military procurement.
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