A very good article by Laura Pitel from the @financialtimes:

“The German government has been pursuing a stopgap or even an escape route from the #F126 should the price and conditions asked for by #Rheinmetall be more than Berlin can bear.

But any decision to formally terminate the project would signify that the €2bn already spent on it would be lost for good.

Last month, the government announced plans to buy four off-the-shelf #MEKO A-200 frigates, made by the German shipbuilder #TKMS, with the first to be delivered in late 2029. Costing about €1bn each, they are smaller and not tailor-made to German requirements like the planned F126s. German officials have not ruled out having both.”

https://as.ft.com/r/26b93627-a676-4c97-bfe6-82b29fbdfa87

Europe’s rearmament meets reality: the story of a failed frigate project

The fate of the €10bn F126 is a cautionary tale for an agency that buys everything from flip-flops to fighter jets

Financial Times