Department of National Defense announced that it will be awarding the contract for two brand-new frigate worth PhP18.9 billion for the Philippine Navy early next year, 2015. This acquisition project is the biggest for Philippine Navy.
“Early next year we will be able to award the contract,” DND Undersecretary Fernando Manalo said. “We have more than enough [bidders] to give us the confidence that it is really a competitive bidding.”
Six firms including Navantia Sepi of Spain, STX Offshore & Shipbuilding of South Korea, Daewoo Shipbuilding & Marine Engineering Co. Ltd. of South Korea, Hyundai Heavy Industries Inc. of South Korea, Garden Reach Shipbuilders & Engineers Ltd. of India, and STX France SA are bidding for the said project.
According to Philippine Navy, the frigates have state-of-the-art design fitted with variety of weapon systems capable of dealing with surface, sub-surface and air threats.
“We are just waiting for the submission of the Technical Working Group on the final comments and recommendations,” Manalo added.