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Britain awards defense firm BAE US$584 mil. shipbuilding contract

LONDON -- Defence company BAE Systems is to build three ships for Britain's navy in a deal worth 348 million pounds (US$584 million), the contractor said on Tuesday.

BAE described the ships as “globally deployable and capable of ocean patrol” as they will have a maximum speed of 24 knots, a range of 5,500 nautical miles and a flight deck capable of landing large Merlin helicopters.

Building is due to start in October with the first ship scheduled to be delivered in 2017.

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