Spain's state-held shipbuilder Navantia will build five F-110 frigates for the Spanish navy in a contract worth 4.3 billion euros ($4.9 billion), the government confirmed on Thursday after a report by French news agency AFP.
The contract for the frigates will be approved on Friday during the weekly cabinet meeting, the Defence Ministry said in a statement.
(Reuters, Reporting by Belen Carreno; Writing by Paul Day; Editing by Ingrid Melander)
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