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US to Boost Military Sales to India with F-35 Jets

  • President Trump announced the US will escalate military sales to India, including F-35 jets, starting 2025.
  • The deal aims to reduce the trade deficit and strengthen defense ties, with India set to spend $200 billion on defense in the next decade.
  • Lockheed Martin's stock dipped 1.6% following the announcement; the defense contractor has yet to comment.

Source: Benzinga, Newsweek

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