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Mitsubishi Heavy willing to build subs Down Under

A Soryu-class submarine   © Courtesy of Japan Maritime Self Defense Force

SYDNEY -- Hungry for a defense contract worth tens of billions of U.S. dollars, Mitsubishi Heavy Industries has expressed a willingness to construct Australia's next-generation submarines entirely in-country.

     The company "will be happy to oblige" if asked to build all of the new vessels here, President Shunichi Miyanaga told a news conference Thursday.

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