Germany to Boost Naval Spending Under $4.3 Billion Warship Plan

By Birgit Jennen and Rainer Buergin (Bloomberg) -- Germany plans to spend an extra 525 million euros ($572 million) to boost the capabilities of a new class of combat ships that symbolize the country’s readiness to take on greater global responsibility and defend shipping lanes. The changes will improve weapons capabilities and crew protection of the planned MKS 180 … [Read more...]

Germany to Buy Six MKS Multi-Role Warships – Ministry

BERLIN, Feb 13 (Reuters) - German Defence Minister Ursula von der Leyen has decided to buy six MKS-180 multi-role warships instead of putting off a decision on two of those ships until 2030, her spokesman said on Monday. The ministry decided last October to delay a tender for four warships, which was valued at 4 billion euros ($4.24 billion), to ensure that quality standards … [Read more...]

Germany to Skip Tender for 1.5 Billion Euro Warship Purchase

BERLIN, Jan 26 (Reuters) - The German Defence Ministry on Thursday said it would skip an open tender for the planned purchase of five more corvettes valued at 1.5 billion euros and instead ask the three-company consortium that built the existing warships to submit a bid.  "The defence ministry has decided to ask the ARGE K130 consortium to bid for procurement of five … [Read more...]

BAE Systems: Construction on UK’s Type 26 Warships to Start Summer 2017

LONDON, Nov 4 (Reuters) - Britain's BAE Systems said on Friday it had agreed with the UK government that the manufacturing of eight new anti-submarine warships would start in the summer of 2017, adding that a final contract was still being negotiated. Europe's biggest defence contractor said in a statement that the Type 26 programme, the name given to the new combat ships … [Read more...]

Australia Accelerates Naval Shipbuilding Program to Secure Jobs

By Colin Packham SYDNEY, April 18 (Reuters) - Australia will speed up plans to build more naval vessels in domestic shipyards, Prime Minister Malcolm Turnbull said on Monday, making an announcement that could find favour with voters just weeks ahead of a likely federal election. Naval shipbuilding is a key part of a plan unveiled in February to boost defence spending by … [Read more...]