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Tuesday, May 21, 2013

€530m bill for Spain's 'sinking submarines'

S-80 classA defence contract worth €2.2 billion has hit the rocks after tests showed that the "world's most modern" submarine would plunge straight to the bottom of the sea.

Sunday's El Mundo newspaper reported on the latest developments in the submarine saga that has given Spain's defence department a sinking feeling.

The €2.2 billion contract to design and build four S-80 underwater craft, billed as "the most modern submarine in the word" has been put on red alert after engineers found flaws in the plans and sounded the klaxon.

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