Capital-ship allocation and Italian conversion options

The proposed allocation keeps a six-ship margin for Britain and the United States over Japan while assigning eight capital ships each to France and Italy. It pairs numerical hierarchy with a 42,000-ton ceiling and the largest gun calibre already in service, avoiding a limit detached from actual ships. One Italian option would finish two Francesco Caracciolo-class ships as battleships and convert two into aircraft carriers. The same allocation can support different national force mixes without assuming that every signatory has identical needs or finances.