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<p>The National Shipbuilding Strategy makes clear that we judge that the capabilities
the Royal Navy requires can be accommodated within the £250 million price, and our
market research indicates that beyond this price the vessels would not be attractive
to the sector of the export market we are targeting. We have conducted and shared
this market analysis with industry. It is now for industry to develop proposals to
deliver Type 31e at the price we have set, taking into account their costs, including
normal business costs such as taxes and national insurance payments.</p>
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