“I’m waiting for the Navy to finalize the terms of reference….We are close to issuing . I hope I can sign the contract before I leave office [on June 30]. The Navy has chosen Hyundai Heavy Industries to build the OPVs,” Defense Secretary Delfin Lorenzana told reporters on the sidelines of the Philippine Navy anniversary on Friday.Hyundai’s OPV offer is based on the HDP-1500 Neo design, which was presented at the Asia Defense and Security 2022 exhibition held in Manila last month.
The South Korean government is expected to hand over an additional refurbished Pohang-class corvette with the purchase of the OPVs, said a security official with knowledge of the deal’s details but not authorized to speak to the media. The Navy is also awaiting the transfer of a decommissioned Pohang-class corvette after the Philippines ordered two corvettes from HHI in December.
The Korean government is also expected to turn over a refurbished K136 Kooryong multiple launch rocket system to the military next month. The newest arrival will be named BRP Melchora Aquino. The first one, the BRP Teresa Magbanua, was recently commissioned into service. Able to withstand harsh weather conditions, it has also a maximum endurance of 7,408 kilometers , which makes it capable of conducting sustained maritime patrols in the country’s maritime jurisdiction.
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