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Germany Backs Six F126 Frigates as Government Considers NVL Taking Over

Officials say no decision is made yet despite a three-to-four-year delay, with costs expected to rise.

Overview

  • Industry reports say the prime contract is expected to move from Dutch builder Damen Naval to Bremen-based NVL, while the Defense Ministry says it is still evaluating options.
  • NVL has stated it is ready to assume general-contractor responsibility if tasked, and Damen declined to comment.
  • Delivery of the first ship in 2028 is no longer feasible, with a slip of roughly 40 to 48 months attributed mainly to IT and systems-integration problems.
  • The program is valued at more than €10 billion and is expected to become more expensive; Damen has faced financial strain, received a €270 million bridge loan, and Germany has withheld €671 million over missed milestones according to Bloomberg.
  • Rheinmetall’s planned acquisition of NVL remains pending and is cited in reporting as a factor in the prospective restructuring, while about €1.8 billion already spent heightens the risk of losses if the project were canceled.