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Renew in example sentence

It’s a reach, but tempting, to suggest that Australia’s long-term security might even be better guaranteed by spending a few million dollars on towed pinger locators and unmanned Bluefin-21 mini-submarines, with their sonars and cameras, and some serious naval infrastructure to support them, rather than the $20-40 billion currently being contemplated to renew and extend Australia’s aging combat-submarine fleet.
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