P4-B deal for Navy's strategic sealift vessels inked
MANILA, Philippines —Indonesian shipbuilder PT PAL confirmed Friday that it has signed the contract to supply two strategic sealifts vessel to the Philippine Navy.
PT PAL's executive Edy Andarto told British defense publication IHS Jane's that the Philippine government has granted a $92 million contract for the vessels, to be delivered starting next year.
PT PAL was the only bidder left for the program.
The strategic sealift vessels, also known as landing platform docks, can be used for civil-military operations and for transporting large number of soldiers, logistics and supplies. Each of the vessels can also accommodate three helicopters.
Nine companies bought bid documents for the project but only two of them submitted offers.
The other bidder, Daewoo International, was declared by the Bids and Awards Committee as ineligible due to its failure to meet certain technical requirements.
The sealift vessels top the list of 18 priority projects under the modernization program for the armed forces.
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