HD Hyundai Signs Philippine Deal for Two More Frigates as Navy Expands Missile Fleet

The agreement strengthens a shipbuilding partnership with South Korea that supports Manila’s push to modernize its maritime forces.

Overview

HD Hyundai Heavy Industries said it signed a 844.7 billion won ($585.6 million) contract with the Philippine Department of National Defense for two 3,200-ton frigates, with delivery slated for the second half of 2029.
The new vessels will follow Miguel Malvar-class specifications to maintain compatibility with the Philippine Navy’s existing command, control and combat systems, according to the company.
The Philippine Navy commissioned BRP Miguel Malvar on May 20 and BRP Diego Silang on December 2, bringing its missile-armed major surface combatants to four.
Published specifications list a 16‑cell vertical launch system for VL‑MICA surface‑to‑air missiles, two four‑cell C‑Star anti‑ship launchers, a 76mm main gun, an Aselsan 35mm CIWS, and Blue Shark torpedoes.
Navy officials highlight further steps in 2026, including the arrival of a third Tarlac-class landing dock and new offshore patrol vessels, alongside investments in training, sustainment and C‑4ISTAR capabilities.