I read it as GDEB provided a contract for submarine components/modules to the value of $us450m, and that contract allows and requires ASB to invest in the facility upgrade. Would be structured in whatever way is most effective at meeting the various desires of both parties.
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- Ann: Austal awarded US$450 million contract to expand US shipyard
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Ann: Austal awarded US$450 million contract to expand US shipyard, page-5
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