Fincantieri's subsidiary WASS Submarine Systems and Magellan Aerospace Corporation have signed a memorandum of understanding to explore industrial cooperation aimed at supporting Canada's underwater defense capabilities.The agreement establishes a framework for the two companies to identify and develop areas of cooperation related to heavyweight torpedoes and torpedo countermeasure systems.Under the arrangement, WASS and Magellan will assess opportunities for Canadian industrial participation across a range of activities…
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