Government Industry
Industry: Email Alert RSS FeedNorway calls for production of five Skjold-class Corvettes
Sea Power, Sep 2003
On 4 July 2003, the Norwegian government presented to the Council of State the bill for series production of the Skjold-class fast attack craft. The resolution calls for the Parliament to approve production of five vessels in accordance with the negotiated contract between the Royal Norwegian Navy and the three major contractors: Umoe Mandai, Kongsberg Defense, and Armaris.
The motion will officially clear the way to continue with units 2 through 6, which are to be commissioned into the Royal Norwegian Navy From 2006 through 2009. The total budget for the program is $660 million, not including $200 million for the Kongsberg New Surface Missile program that began in 1996 and is expected to be the primary anti-surface system on the six units of the Skjold class.
Most RecentGovernment Articles
The first unit of the class was approved in 1997, launched in September 1998, and turned over to the Navy in April 1999 for sea trials, which were conducted from late 1999 through 2002 and included a demonstration for the U.S. Navy. Umoe's design is being considered for the U.S. Littoral Combat Ship program as part of the Raytheon team's submission.
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions


