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Warships, canadian government has rejected the Fincantieri-Naval Group offer

Milan - The Liberal government has rejected a European consortium’s offer to provide Canada with a fleet of new warships, which industry officials said could have saved Canadian taxpayers as much as $32 billion.

Milan - The Liberal government has rejected a European consortium’s offer to provide Canada with a fleet of new warships, which industry officials said could have saved Canadian taxpayers as much as $32 billion. Last week the French and Italian governments made the Canadian government a proposal on behalf of their shipbuilders, Fincantieri of Italy and Naval Group of France, offering Canada 15 of the consortium’s FREMM frigates at a fixed price of roughly $30 billion. The offer came in lieu of a bid from the consortium to win the design for the $62-billion Canadian Surface Combatant program, intended to provide the Canadian navy with the core of its future surface combat fleet.

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