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Australia announces $232 million deal with L-3 Oceania for night fighting equipment

L-3 Oceania has received contracts worth $232 million from the Australian Ministry of Defense to provide night fighting equipment, the ministry announced Friday.

Tesla to acquire German company to speed up electric car production

Tesla announced plans on Tuesday to acquire German based-Grohmann Engineering, a company that specializes in automated manufacturing, in a bid to accelerate production of its high-end electric vehicles.