Posted Nov 8, 2011, 1:46 AM
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opinionated so and so
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Join Date: Apr 2009
Location: Halifax, NS
Posts: 721
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The ship building will be a big deal, but we need to be cautious... $25 billion is being spent on the project being assembled here - but not being spent here, specifically. Weapons systems, command and control systems, radar and sonar, engines, etc will all be bought with this 25 billion, but bought somewhere else, and then installed here. I was sent an email by a former naval engineer who estimates that the value of the contract "in Halifax" is about 8-9 billion.
This is still a lot of money but I think that is the more realistic figure to base the impact on.
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