
The contract was offered to a joint venture between BHIC and Contraves Advanced Devices (CAD), and awarded by Boustead Naval Shipyard (BNS), an associate of BHIC and a subsidiary of Boustead Holdings.
Effective date of the contract is likely on or before 22 December, which includes a further contract to supply classified combat system equipment and its related services to the six frigates for GBP3.87M ($6.11M).
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