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Reuters

Business

Germany's Hensoldt plans defence deals with Gulf states - Spiegel

German defence supplier Hensoldt has applied to the government for clearance for a number of politically sensitive projects with Gulf states, the Spiegel news magazine reported on Friday.

Hensoldt, in which the government owns a 25.1% stake, wants to supply components to the United Arab Emirates (UAE) for the Cobra artillery tracking system, the report said, citing an internal company presentation.

The company expects to get approval for this, it said.

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