Corvette Acquisition Program News Today

DND spokesperson Arsenio Andolong (PNA file photo by Joey Razon) MANILA - The steel cutting for the two brand-new corvettes which is expected to augment the Philippine Navy's (PN) two Jose Rizal-class missile frigates now in service is expected to take place in May and November this year. "Steel cutting for the first corvette is set in May 2023, while the second corvette will happen on November 2023," Department of National Defense (DND) spokesperson Arsenio Andolong told the Phili...

DND spokesperson Arsenio Andolong (Photo courtesy of DND) MANILA - The steel cutting for the two corvettes to be acquired from South Korean shipbuilder Hyundai Heavy Industries (HHI), is expected to begin by the fourth quarter of this year. Department of National Defense (DND) spokesperson Arsenio Andolong confirmed this when sought for an update on the Philippine Navy (PN)'s Corvette Acquisition Program (CAP). "(HHI) completed the preliminary design review (PDR) for the corvettes last ...

Hyundai Heavy Industries (HHI) has secured a $547m (PHP28bn) contract from the Philippine’s Department of National Defense (DND).

South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has signed a contract with the Philippine Department of National Defense (DND) for the acquisition of two new corvettes.

The Philippines Department of Budget and Management (DBM) has approved funding for the acquisition of two corvettes under the navy's Corvette Acquisition Program (CAP).

National Defense Secretary Delfin Lorenzana (File photo) MANILA - Department of National Defense (DND) Secretary Delfin Lorenzana on Tuesday expressed his delight after the Department of Budget and Management (DBM) released the Special Allotment Release Order (SARO) for the 15 percent advance payment for the Philippine Navy (PN)'s Corvette Acquisition Program (CAP). "We have been waiting for this for the procurement process to proceed," he said when asked by the Philippine News Age...

PASIG CITY, Dec. 16 (PIA) -- The 23rd Joint Committee Meeting (JCM) on Logistics and Defense Industry Cooperation between the Republic of the Philippines and Republic of Korea (RP-ROK) held recently via videoconference has strengthened bilateral relations in the areas of logistics and defense industries. The JCMs are conducted pursuant to the 1994 RP-ROK Memorandum of Understanding on Logistics and Defense Industry Cooperation, and are intended to uphold bilateral defense logistics cooperation,...