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Philippines seals deal for frigates

23rd October 2016 - 00:44 GMT | by Gordon Arthur in Hong Kong

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Hyundai Heavy Industries (HHI) announced on 24 October that it had won a contract to build two frigates for the Philippine Navy (PN). The lot 1 contract covers the ship platform and launchers.

This contract for the most advanced vessels the PN has ever operated was signed during a ceremony in Manila. A notice of award worth PHP15.7 billion (US$337 million) for these South Korean-built warships was delivered last month.

HHI offered its HDF-3000 design as the basis for the PN requirement, upon which South Korean Incheon-class frigates are also based. The company said in a press release, ‘The …

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