A South Korean defense manufacturer has won the contract for the Philippine Navy’s Del Pilar Class Frigate Upgrade Project to beef up the ship’s electronic capabilities and patrolling operations, the Department of National Defense said on Friday.
Based on the Notice of Award posted on DND’s official website, the project will be awarded to Hanwha Systems Co., Ltd.
"This is to inform you that the proposal of Hanwha Systems Co., Ltd. for the Del Pilar Class Frigate Upgrade Acquisition Project of the Philippine Navy, with a corresponding contract price of one billion three hundred four million two hundred thousand pesos (PHP1,304,200,000) is hereby accepted," DND Secretary Delfin Lorenzana said in the NOA addressed company representative Kim Baeknyun.
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