Our Bureau
08:39 AM, August 30, 2013
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France has won 1 billion euros contract from Saudi Arabia to overhaul four frigates and two refuelling ships, according to Defense News.

The upkeep deal involves French weapons and systems makers Thales, DCNS and MBDA and would overhaul vessels that date to the 1980s.

None of the companies involved wished to comment, but La Tribune reported that the launch of work could come as early as September and would precede a visit to the kingdom by French President Francois Hollande this autumn.

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