The procurement of six F126 warships was terminated due to significant delays and enormous cost increases, the Defense Ministry has said
Germany has pulled the plug on its largest naval shipbuilding project since the end of WWII, scrapping plans for a fleet of six F126 frigates first ordered under then-Defense Minister Ursula von der Leyen.
The plans to axe the project were first reported by Der Spiegel on Tuesday, which said the program had long been plagued by numerous issues. The ministry confirmed the move the next day, saying it was “due to significant delays, enormous cost increases, and incalculable risks.”
It also noted that completing six F126s would have driven total costs above €18 billion ($20.3 billion) – compared to the initial estimate of €5.27 billion for four vessels.
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