Army Chief of Staff Gen. Pramono Edhie Wibowo said the money would be used to replace old weaponry, the Indonesian news agency Antara reported.
Wibowo said the military is looking to acquire tanks and cannons as well as rockets with a range of 60 miles.
The army also will purchase 24 Bell 412-type helicopters and is negotiating to buy 20 Sikorsky UH-60 Blackhawk helicopters.
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