NAVAL STATION JOSE V ANDRADA, Roxas Boulevard, Manila (DWDD) – After refurbishing second-hand warships from the United States of America, the Philippine Navy (PN) has ordered brand-new ships from South Korea.
Defense Secretary Delfin Lorenzana, together with officials from Hyundai Heavy Industries of South Korea, has signed a contract for the purchase of the Armed forces of the Philippines of two (2) brand-new frigates for its Philippine Navy.
The deal is worth $336.9 Million dollars or P18.7 Billion.
The Frigate Aquisition Program is considered as the biggest project of the Philippine Navy and the most expensive among the contracts they have signed so far under the Duterte admnistration.
According to Navy Capt Lued Lincuna, Director of the Naval Public Affairs Office, the purchase of two brand-new and modern frigates is a big step for the country in its quest to have a Modern and World-Class Navy that can defend the sovereignty and territory of the Philippines. AES / MCAG.