- The Philippine government has commissioned South Korean shipbuilder Hyundai Heavy Industries to build two warships for the Philippine Navy
- The contract is worth P15.7-B and was signed on Monday
- It is the “single most expensive project” yet under the Duterte administration
- Both ships will be delivered on 2020
MANILA, Philippines – The Department of National Defense (DND) has signed an agreement with South Korea’s Hyundai Heavy Industries (HHI) for the shipbuilder to build two brand-new frigates for the Philippine Navy.
The deal worth P15,744,571,584 has been signed between Defense Secretary Delfin Lorenzana and HHI Corporate Planning Office executive vice president, Chung Ki-sun on Monday, October 24.
IHS Jane disclosed in its article that the 2,600-ton frigates will be 107-meter long and 12-meter wide. It will be powered with a combined diesel and diesel (CODAD) propulsion system with maximum speed of 25 knots.
The ships will inherit the Republic of Korea Navy’s own Incheon (FFX-I)-class guided-missile frigates main design features, but with a slightly lighter displacement. Standard range will be 4,500 nautical miles at a cruising speed of 15 knots.
The contract is described as “the single most expensive project” under the present administration of President Rodrigo Duterte and the most expensive for the Philippine Navy to date.
“The acquisition of the two brand new and modern frigates serves as a ‘Big Step’ in realizing a once a dream of a world class and well equipped Philippine Navy, capable and credible in protecting its people, and the sovereignty of the land and the interest of its national territory,” said a statement from the Philippine Navy.
The two warships will be armed with “missiles, torpedoes, guns and sensors controlled by the latest combat management system that are capable of conducting anti-air warfare, anti-surface warfare, anti-submarine warfare and electronic warfare”.
The expected delivery date for both ships is on 2020.
Also present at the signing of contract are South Korean Ambassador Jae Shin Kim and a number of Philippine Navy officials.