New builds could be delayed.
BAE, British MoD Negotiate Schedules for New Ships
With a near £1 billion (US $1.4 billion) demonstration phase contract on a new anti-submarine warfare frigate almost at an end, BAE Systems is in discussions with the British Ministry of Defence to agree to the next tranche of work and establish a revised production schedule that could delay the start of building a fleet of new warships.
“We are working with the MoD to agree a revised program baseline following the Strategic Defence and Security Review (SDSR), including the next contracting phases for the Type 26 program,” BAE said in a statement March 2.
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