Australia picks Japan's Mitsubishi Heavy Industries for $6.5B warship deal

13 hours ago 1
  • Australia accepted Japan's Mitsubishi Heavy Industries' (OTCPK:MHVYF) bid for a lucrative and hotly contested contract to build Australian warships, expected to be worth 10 billion Australian dollars ($6.5 billion).
  • Mitsubishi Heavy Industries’ Mogami-class frigate won the deal over rival Germany’s MEKO

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