Security.Table News Defense industry

F126: Why the Damen shipyard continues to receive money

Despite the project being canceled, the Dutch Damen shipyard is being paid a further EUR 26 million for the F126 frigate. Defense politicians fear that this might not be the only payment.

03. December 2025
Better times: The large-scale project at the Peene shipyard in Wolgast started almost exactly two years ago. General contractor Damen is unable to continue with the project. (IMAGO / BildFunkMV)

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Last updated: 03. December 2025