Philippine Navy narrows its renewed search for OPVs
After ditching a plan to buy six OPVs from Austal in March, the Philippine Navy (PN) spread its net farther afield to find a bidder willing to provide the required number of vessels within the PHP30 billion ($576 million) budget.
Defence Secretary Delfin Lorenzana explained that price was the sticking point with Austal.
‘Pending our approval of the contract for the purchase, they said the cost has increased – materials, labour and everything,' Lorenzana explained.
'They asked for additional payment. I think our budget is PHP30 billion, so they want PHP12 billion more for the six OPVs, or they said we
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Naval Warfare
-
Navantia signs deal to supply new Avante 2200 corvettes to Saudi Arabia
The vessels are the latest additions to an ongoing supply arrangement for Saudi Arabia’s defence force.
-
Saab Sea Giraffe to protect Swedish Navy
The Swedish manufacturer will supply its Sea Giraffe 1X naval radar in a range of configurations.
-
South Korean Destroyer fleet approved for US improvement programme
The US State Department has agreed to sell South Korea technology to keep its Destroyer fleet effective as a deterrent.
-
STM to build logistics support vessels for Portuguese Navy
The contract marks the first time the Turkish shipbuilder will build vessels for a NATO member state.
-
UK-Australia meeting creates new AUKUS submarine integration office
The latest AUKMIN meeting created an important administrative office for submarine delivery.