Golez: Completion and delivery of these frigates will be in 2020. That's eternity in a security threat situation. Good secondhand, much bigger frigates with same lethal capability available for lower unit price and deliverable within six months, not four years, on a government-to-government basis. We needed these frigates yesterday. Much better is a balance of good secondhand, immediately available warships and brand-new. Taiwan developed its fighting fleet that way.
PH buys 2 new frigates from South Korea in P15B deal
The Philippines has signed a contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the building of two new warships in a P15.7-billion deal, the single most expensive project approved by the Duterte administration to date.
In a statement, the Navy said Defense Secretary Delfin Lorenzana led the contract signing on Monday for the construction and delivery of the new frigates. The notice of award was received by HHI last month with the amount of $336,912,000 or equivalent to P15,744,571,584.
The frigates, each displacing 2,600 tons, will be propelled by a combined diesel and diesel system that will give it speeds of up to 25 knots, according to a news release on HHI’s website.
Read more: http://globalnation.inquirer.net/147810/navy-buys-2-new-frigates-from-south-korea-in-p15b-deal#ixzz4O78O5kkv
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