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Security.Table News Defense industry

F126 negotiations: Total costs could rise to €14 billion

Rheinmetall could have the contract for the continued construction of F126 frigates ready before the summer break, according to an industry representative. The company has already named its initial terms.

Lisa-Martina Klein
07. May 2026
Tim Wagner, CEO of Rheinmetall’s Naval Systems division, had announced that the first F126 frigates would be ready for delivery as early as the second half of 2031. (picture alliance/dpa/Christian Charisius)

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Last updated: 07. May 2026

Defense industry