The Philippines strengthens maritime defences amid rising tensions in South China Sea
The Philippines strengthens maritime defences amid rising tensions in South China Sea
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- Total addressable market sizing ($)
- Competitor analysis
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- Growth identification
- Increasing closing ratio
- Increasing closing order value
- Estimating product potential
- Calculating sales forecasting
- Supply and demand analysis
Description
HD Hyundai Heavy Industries (HD HHI) has completed the first of two corvettes for the Philippine Navy (PN) some five months ahead of schedule. The 3,200t BRP Miguel Malvar was handed over late last month before commencing its delivery voyage to the Philippines.
FFG-06, the PN's most capable warship ever, was formally welcomed at a ceremony in Subic Naval Base earlier this month April, with its commissioning expected midyear. The HDF-3200-based design bears the nomenclature of a guided-missile frigate indicating that the Philippines has reclassified it from a corvette.
The warships had been ordered for PHP28 billion (US$550 million) on
FFG-06, the PN's most capable warship ever, was formally welcomed at a ceremony in Subic Naval Base earlier this month April, with its commissioning expected midyear. The HDF-3200-based design bears the nomenclature of a guided-missile frigate indicating that the Philippines has reclassified it from a corvette.
The warships had been ordered for PHP28 billion (US$550 million) on
