Philippine Navy to Acquire Patrol Vessels Via government-to-government deal

Philippine Navy to Acquire Patrol Vessels Via Gov't-to'Gov't Deal

The Philippine Navy (PN)'s offshore patrol vessel (OPV) project will be acquired via the so-called government-to-government procurement approach.

Government-to-government is an advantage as it does not require a large capital outlay and has sovereign guarantee aside from the equipment being acquired much easier and faster.

The OPV project aims to acquire six brand-new ships for PHP30 billion, a project that Australia-based global shipbuilder and defense contractor Austal has expressed interest to participate in.

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