1/31/2014

Turkey has extended by three months the bidding period for companies to vie to build the nation's first air and missile defense system. The longer time may give European and U.S. bidders, which include a Lockheed Martin-Raytheon partnership, the ability to enhance their offers, Turkey said. "The extension is an indication that we encourage improved rival offers," said one senior procurement official. "We are in talks with the Chinese manufacturer, but that does not mean we have finalized a deal."

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