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May’s top stories: Canada’s $21.5bn vessels, Italian Navy’s $4bn order

Canada is set to construct up to 15 vessels under C$26.2bn programme, Fincantieri and Finmeccanica received a €3.5bn ($4bn) contract to build a total of seven naval vessels for the Italian Navy and Australia launched the first Hobart-class air warfare destroyer. wraps up key headlines from May.

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