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The Latest: US, Indonesia companies sign investment deals

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U.S. and Indonesian companies are signing 11 commercial and investment agreements during U.S. Vice President Mike Pence’s visit to Jakarta that the two governments say are worth a combined $10 billion over time.

The deals include Lockheed Martin providing an advanced weapons targeting system for Indonesia’s F-16 fighter jets, ExxonMobil selling 1 million tons of liquid natural gas to state-owned oil and gas company Pertamina for 20 years starting in 2025, Honeywell supplying turboprop engines to Indonesian aerospace company Dirgantara, and a $2 billion electricity metering system organized by a consortium of companies.

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