DND - P249 Million for the Philippine Navy Corvette

The DND (Department of National Defense) earmarked an amount of Php249.76 million for marine engineering upgrade of the BRP Artemio Ricarte, as the most modern assets of Philippine Navy.

The Ricarte, is a Jacinto—class corvette, will be overhauled and its engine improvement as part of second phase of JCPV Upgrade Marine Engineering Project, this was said by the in a bidding invitation.


The sad funds will be sourced from the allocation of the military's modernization program.
The said project's initial phase was already completed in 2005 involved installation of new M242 Bushmaster and 25—millimeter cannon as well upgrade of command, fire systems and control.

It includes was installation of the Raytheon gyro compass, the Sperry marine naval Bridge Master E series surface search radar, anemometer, GPS, and the EM logs.


The bidding last year for second phase of the project, has allocated budget of Php216 million, that failed as lone bidder, Keppel Marine Philippines Inc., has failed to meet documentary requirements.

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