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
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(PNA file photo) MANILA-Department of National Defense (DND) Secretary Delfin Lorenzana on Thursday said South Korean shipbuilder, Hyundai Heavy Industries (HHI), has been selected by the Philippine Navy's (PN) technical working group (TWG) for its offshore patrol vessel (OPV) project which will consist 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 maintenance o whatever, madaling pumunta dito yung mga South Koreans (And recently, the [PN TWG] has selected Hyundai of [South] Korea. They are the ones who built our [Jose Rizal-class missile frigates], they are also the ones building our two [missile-armed corvettes]. The Navy sees that having [HHI] build all these ships is the similarities in their systems, and if we need to do maintenance or repairs