Germany cancels F126 frigate project, plans to acquire smaller Meko A-200 vessels (defence24.com)

• F126 project with six frigates cancelled; €2B already spent.
• Alternative: eight Meko A-200 frigates.
• Rheinmetall, as lead contractor, is particularly affected.

"Defence Minister Boris Pistorius informed industry that the multibillion-euro F126 frigate project is scrapped. Instead of six large frigates, Berlin will buy eight smaller Meko A-200 frigates. Already €2 billion spent on the cancelled project."