Tag: naval procurement
4 articles
Germany Scraps F126 Frigate Program, Shifts to TKMS MEKO A-200
Germany is ditching its F126 frigate program, opting instead for Thyssenkrupp Marine Systems' MEKO A-200 DEU frigates, after citing significant delays, soaring costs, and unpredictable risks. Defence Minister Boris Pistorius said the decision brings a tough but welcome end to a drawn-out limbo.
Navies Pivot to Proven Warship Designs Amid Cost Overruns
Germany is ditching its troubled F126 frigate programme, opting instead for the tried-and-tested MEKO A-200 design, a move that will likely save the country billions of euros in costs. The pivot comes after massive cost overruns and delays plagued the F126 project, with projected costs ballooning to over €18 billion.
Fincantieri CEO Blames Navy's Constellation Frigate Debacle on Procurement Woes
Fincantieri Marine Group CEO George Moutafis says the Navy's Constellation frigate program was doomed by procurement issues, noting that sometimes "perfection is the enemy of more than good enough". The program's struggles began when constant change orders derailed its development, despite starting with the proven FREMM design.
Congress Rebuffs Effort to Cut Trump-class Battleship Funding
In a surprising move, an effort to slash funding for the Trump-class battleship program was shut down, with Rep. Adam Smith's amendment to strip $1 billion in advanced procurement failing 26-30. The congressman had argued that the hefty $20 billion price tag of the lead battleship could be better spent elsewhere.