At least six countries are now competing for a contract to supply the Philippine armed forces with two frigates, which would significantly bolster the country's maritime defense capability.Defense undersecretary for finance, munitions, installations and materiel Fernando Manalo said that five countries – South Korea, US, Israel, Croatia and Australia – had made their own offers towards the end of last year.
The Defense Department had initially considered acquiring Maestrale class frigates, which are currently used by the Italian Navy, for P11.7 billion.
Read more