Romania to refurbish 2 frigates, operation costing $208M


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BUCHAREST, Romania (AP) — Romanian authorities say they will refurbish two frigates with state-of-the-art equipment, as the NATO member moves to modernize its naval fleet to counter Russia's presence in the Black Sea.

The defense ministry said the frigates, built in 1986, will be equipped with anti-aircraft and anti-naval missiles and special sensors, which will be integrated into a computerized system.

The upgrade will cost 839 million lei ($208 million) and it will be open to companies with at least five years' experience.

Romania bought the King Ferdinand and the Queen Maria, named after a Romanian royal couple, from Britain in 2003.

NATO leaders agreed at a 2014 summit in Wales that each member would spend 2 percent of gross domestic product on defense. Romania will implement the measure in 2017.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button