intelligence / Brief

Philippine Navy commissions new patrol vessel, missile boat

Philippine Navy commissions $753M fleet of patrol vessels and missile boats from South Korean and Israeli shipbuilders, signaling sustained Southeast Asian demand for maritime defense modernization.

February 25, 2026 · 1 min read · intelligence desk

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Terma

CPS 48 CONTENDER

$753M Philippine Navy fleet modernization program value patrol vessels and fast attack craft from South Korean and Israeli shipbuilders

HQ: Aarhus, Denmark
Founded: 1949
Products: SCANTER family radars·Electronic warfare and self-protection systems·Command-and-control (C2) dashboards and software

SIGNAL LEVEL: NOTABLE SECTOR: Defense

Philippine Navy commissioned advanced patrol vessels and fast attack craft from South Korean and Israeli shipbuilders as part of a $753M fleet modernization program. This deployment represents a shift toward integrated maritime security platforms in Southeast Asia, with potential implications for radar and self-protection system integration on next-generation vessels.

AFFECTED: Terma (radar and self-protection systems supplier); South Korean and Israeli shipbuilders (primary contractors); regional defense suppliers competing for sensor integration contracts.

WATCH: (1) Tender announcements for radar and fire control system integration on Philippine Navy vessels; (2) Terma’s pursuit of sensor contracts with South Korean or Israeli prime contractors for this platform class.

CONTEXT: Southeast Asian naval modernization programs increasingly require integrated defense electronics. Terma’s established presence in Asia and radar/self-protection technology positions it for sensor supply opportunities, though competition from established maritime defense suppliers remains high. This $753M program signals sustained regional demand for platform upgrades through 2028+.

Heatmap of product types vs deployment status for Terma Product Portfolio — Terma