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Saturday, February 23, 2013

No more second frigates for PN - DND official

ITS Maestrale |A ranking Department of National Defense (DND) official has said the option to acquire second-hand frigates to boost the numbers and capabilities of the Philippine Navy (PN) has been waived.

Fernando Manalo, DND undersecretary for finance, munitions,installation and materiel, said this because evaluation studies found out that acquiring these vessels will be more costly in the long run.

"The PN found out that it will be more expensive to maintain second hand vessel(s) than buying a new one," he added.

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