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Philippines buys $406M worth of patrol boats to boost maritime security and local shipbuilding.
The Philippine Coast Guard has signed a $406 million deal with French shipbuilder OCEA for 40 fast patrol boats to upgrade its fleet and enhance maritime security, especially in the disputed West Philippine Sea.
Half of the vessels will be built locally, promoting domestic shipbuilding and technology transfer.
The deal includes long-term maintenance support and aims to boost the Coast Guard’s capabilities in surveillance, rescue, and combating illegal activities at sea.
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Filipinas compra barcos de patrulla por valor de $406M para impulsar la seguridad marítima y la construcción naval local.