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A memo obtained by the BBC said that the cost of building the biggest-ever warships for the Royal Navy had ballooned by about 25 percent to around 5 billion pounds. ( BAE SYSTEMS CONCEPT )

Cost of U.K. Carriers Reported To Jump 25%

By ANDREW CHUTER

LONDON - British plans to build two 65,000-ton aircraft carriers are facing renewed controversy after the leak of a memo from the industrial alliance building the warships detailing that costs had risen by about 1 billion pounds ($1.65 billion) since late last year. ... full story

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