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Australia, France to build world's largest diesel-electric submarine

Australia and France signed an agreement on Tuesday to build the world's largest diesel-electric submarines in the Australian industrial town of Adelaide.
●    Prime Minister Malcolm Turnbull and French Defense Minister Jean-Yves Le Drian signed the agreement in Adelaide, where they officially opened the Australian headquarters of DCNS, a French state majority-owned company that will design the Shortfin Barracuda subs.
●    Mr Turnbull described the 56 billion Australian dollar ($41 billion) contract to build 12 subs as the largest capital project in Australia's history. 
●    The contract is also DCNS's largest outside France.
●    France offered the Australians a diesel-electric version of the Barracuda-class nuclear submarine under construction for the French navy. 
●    Japan proposed a longer version of its Soryu-class diesel-powered propulsion system with advanced stealth capabilities.

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