BAE pushes to delay Royal Navy frigate to prioritise Norway deal [Yahoo! Finance]
BAE SYSTEMS PLC S/ADR (BAESY)
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Source: Yahoo! Finance
Oslo this month set out plans to buy at least five frigates, starting with at least one for delivery by 2029, as it grapples with an increasingly active Russian presence in the Norwegian and Barents seas. It is thought BAE Systems could be in pole position to supply the vessels, with the UK defence giant currently building a new generation of Type 26 frigates at its Govan shipyard in Glasgow. However, the company is committed to supplying the first eight to the Royal Navy, with the first batch of four currently under construction. It is understood that due to the tight Norwegian timelines, BAE would only be able to supply a frigate to Oslo by its 2029 deadline if the Royal Navy agreed to give up one of the early-stage hulls. The Navy is currently expecting to take delivery of the Type 26 frigates from 2028 to 2035, with the first, HMS Glasgow, currently being outfitted ahead of sea trials planned for 2026. Also known as the City-class, the warships will be among the most ad
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