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MANILA - The Department of Budget and Management released the initial funding worth PHP3 billion for the Philippine Navy's (PN)'s acquisition of six offshore patrol vessels (OPVs). The Special Allotment Release Order (SARO)-BMD-D-22-0004970, was released to the Department of the National Defense (DND) on Thursday, to "cover the funding requirement for the Offshore Patrol Vessel Acquisition of the Philippine Navy under the Revised Armed Forces of the Philippines Modernization Program." Earlier, DND Secretary Delfin Lorenzana said South Korean shipbuilder, Hyundai Heavy Industries (HHI), was selected by the PN's technical working group (TWG) for its OPV project which consisted of six ships. "At kamakailan lang napili nila (PN TWG) yung Hyundai ng (South) Korea. Sila rin gumawa ng ating dalawang frigate at gumagawa sila ng dalawang corvette. Ang nakita ng Navy na isang advantage dyan ay iisang system yung mga barko na yan, saka kung kailangan natin ng maintenanc