Bulgarian patrol ship programme stalled
The Bulgarian Navy tender for the procurement of two multi-functional patrol ships has stalled after the nominated winner MTG Delfin unilaterally decided to withdraw from the contract signature negotiations.
In late-December of 2017 the Bulgarian MoD revealed that Varna-based MTG Delfin has informed in writing that it had withdrawn from negotiations.
According to the company, the reason for that is the change in the Bulgarian tax legislation undertaken in early 2017, which requires levying VAT of 20% on the contract price. The programme budget, as originally allocated in 2016, was BGN820 million ($521 million), but will effectively drop by
Already have an account? Log in
Want to keep reading this article?
More from Naval Warfare
-
![Future of the US Navy’s Arleigh Burke programme remains unclear]()
Future of the US Navy’s Arleigh Burke programme remains unclear
The US Navy does not have a precise date for the award of the procurement contract for the third Arleigh Burke-class destroyer despite having the funds to advance with the programme in FY2025.
-
![US Navy may look to foreign suppliers to accelerate shipbuilding programmes]()
US Navy may look to foreign suppliers to accelerate shipbuilding programmes
The US Navy (USN) is currently reassessing its acquisition efforts and seeking ways to reduce the multiple delays across the shipbuilding initiatives.
-
![Australia commissions HMAS Arafura three-and-a-half years behind schedule]()
Australia commissions HMAS Arafura three-and-a-half years behind schedule
The Royal Australian Navy has finally commissioned the first Arafura-class offshore patrol vessel – more than three years behind schedule – highlighting the programme’s delays, design compromises and ongoing industrial restructuring.
