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From Times Staff and Wire Reports

Argentina Announces Lockheed Deal: Argentina on Sunday announced a $400-million contract with Calabasas-based defense contractor Lockheed Corp. to modernize a military-run aircraft facility and refurbish military jets. Lockheed will help rebuild 36 F-4 Phantoms sold to Argentina last year by the U.S. Navy. Lockheed officials said 18 of the fighters will be refurbished in California.

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