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Damen Naval

All articles tagged with #damen naval

defense4 days ago•1 min saved

German Bundestag Finalizes €11.6B Deal for Eight MEKO Frigates After F126 Collapse

German lawmakers have approved funding for four additional MEKO A-200 frigates, completing an eight-ship fleet for the German Navy. This decision follows the cancellation of the troubled F126 program with Damen Naval, which had cost over €2 billion without delivering a vessel. The new contract with TKMS is valued at €11.6 billion, with the first ship scheduled for delivery in 2029.

via Defense News|

#damen-naval #defense #f126-program

aerospace-and-defence3 months ago•5 min saved

Germany aborts its flagship postwar frigate program

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.

via Financial Times|

#aerospace-and-defence #cost-overruns #damen-naval