ABU DHABI [MENL] -- The United Arab Emirates has completed preparations for
the purchase of new fast attack naval vessels from France.After five years of negotiations, the UAE has reached agreement to
purchase six missile patrol boats from France's Constructions Mecaniques de
Normandie in a deal estimated at $780 million. Gulf defense sources said the
contract will be announced over the next two weeks.The sources said the two sides agreed that five of the six naval vessels
would be assembled by the UAE firm Abu Dhabi Ship Building. The Abu Dhabi
company would also receive technology for the production of key subsystems.ADSB has been deemed as the prime contractor in the project, called Al
Baynunah. The sources said the first vessel would be built by CMN in
Cherbourg, France.
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