The Department of National Defense (DND) aims to sign the deal for the P18-billion Navy frigates project in July to fast-track the upgrade of the country’s territorial defense capabilities.
“We aim to perfect the contract for the frigates in July. The contract will have been completed by that time,” Defense Undersecretary Fernando Manalo told The STAR in a recent interview.
Workshops were done last February to determine if the four firms that pre-qualified can move on to the next stage of the bidding.
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