Germany aborts its flagship postwar frigate program

1 min read
Source: Financial Times
Germany aborts its flagship postwar frigate program
Photo: Financial Times
TL;DR Summary

Berlin has scrapped the €12.8bn F126 frigate program—the German navy’s largest postwar warship project—after delays and cost overruns, opting to buy eight Meko frigates instead; the change shifts lead contractor duties away from Damen Naval to Rheinmetall, prompting a roughly €2bn write-off and a dent to defence industry expectations amid NATO priority on sea-based anti-submarine warfare.

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