Deal In The Works For Davie Yards

Credit: U.S. NAVY
Fincantieri of Italy and DRS Technologies Canada (owned by Finmeccanica) will acquire Canadian shipbuilder Davie Yards of Levis, Quebec. Davie, Canada's largest shipyard, is in bankruptcy protection. Fincantieri and DRS want a presence in the potentially lucrative Canadian shipbuilding market...

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