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Dutch pick France’s Naval Group for submarines deal

    The Netherlands picked French defence company Naval Group on Friday to build four submarines for its navy in a deal worth billions of euros that had also been pursued by Swedish and German firms.The Netherlands picked the French firm and its Dutch partner Royal IHC over Germany's Thyssenkrupp Marine Systems (TKMS) and Swedish defence group Saab AB, which was bidding with Dutch shipyard Damen.

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