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April 10, 2017 / 3:03 PM

Finland to commission design of new corvettes

The Finnish military is to contract with Rauma Marine Constructions to design new corvettes for the navy.

A concept image of a new corvette for the Finnish Navy. Image courtesy of Finnish Defense Forces

A concept image of a new corvette for the Finnish Navy. Image courtesy of Finnish Defense Forces

April 10 (UPI) -- Rauma Marine Constructions of Finland is to receive a contract to design new naval vessels for Finland's Squadron 2020 project.

The award, worth about $7.9 million, was authorized to be issued by the Finnish Defense Forces' Logistics Command by Minister of Defense Jussi Niinistö.

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The Ministry of Defense said the contract follows a Memorandum of Understanding last year. A contract to actually construct the vessels is scheduled to be signed in 2018.

The Finnish Navy's Squadron 2020 project is to replace seven Finnish Navy corvettes that have been, or will be, decommissioned.

The announcement from the Ministry of Defense gave no specifics as to exactly when the design contract is to be issued.

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