Navantia Will Build Five Corvettes For Saudi Arabia Which Will Create 6,000 Jobs
Navantia will build five Avante 2200 corvettes for Saudi Arabia in the shipyards in Ferrol and Cadiz. It has been negotiating the contract since 2015 and it will provide nearly 6,000 direct and indirect jobs annually over the next five years. The operation is worth some 2 billion euros.