After Australia & India Setback, French Naval Group Wins $6.17 Billion Submarine Deal From Netherlands
The Netherlands has awarded France’s Naval Group a contract worth €5.65 billion (US $6.17 billion) to construct four conventionally-powered submarines, aiming to replace its aging Cold War-era Walrus class vessels. Naval Group secured the contract after outbidding competitors ThyssenKrupp Marine Systems from Germany and Saab Kockums of Sweden, who collaborated with Dutch shipbuilder...
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