Germany Scraps F126 Frigate Program, Shifts to TKMS MEKO A-200

Germany is ditching its F126 frigate program, opting instead for Thyssenkrupp Marine Systems' MEKO A-200 DEU frigates, after citing significant delays, soaring costs, and unpredictable risks. Defence Minister Boris Pistorius said the decision brings a tough but welcome end to a drawn-out limbo.

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Germany Scraps F126 Frigate Program, Shifts to TKMS MEKO A-200

Germany scraps F126 frigate program, shifting to TKMS MEKO A-200 frigates due to delays and cost growth, learn more about the defense ministry's decision now.

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Rheinmetall Sinks 16% as Germany Scraps €12.8B F126 Frigate Program  | Meyka

Rheinmetall sank up to 16% on June 24, 2026, after Germany scrapped the €12.8B F126 frigate program, handing the contract to rival TKMS instead.