The European Defense Agency (EDA) and BAE Systems Bofors on Dec. 16 signed a contract aimed at promoting an independent European precision-guided munition (PGM) production capability. Under the €350,000 ($460,000) contract, Bofors will develop a road map identifying priority steps to be taken focusing on the preservation or development of key technologies and industrial capabilities. The contract aims to develop “an achievable step-by-step plan to develop a more robust, sustainable ...

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