Military Capabilities
Spain funds F-110 frigate
David Ing, Madrid - Jane's Defence Weekly
04 December 2019
The Spanish government has given its approval for a loan of up to
EUR1.63 billion (USD1.8 billion) to begin financing the F-110 frigate project.
Construction work is due to start on the five-ship programme late next year once the final concept has been approved, builder Navantia told Jane's on 3 December.
The loan from the Ministry of Industry and Commerce will enable the state-owned shipbuilder to push ahead with the programme, with the frigates scheduled to be delivered in 2026-31
Authorising the move on 29 November, the Spanish cabinet said it would cover the digitalisation of construction at Navantia up to the Industry 4.0 standard and contribute to making the company a "world leader" in the frigate market.
https://www.janes.com/article/93005/spa ... 10-frigate