Royal Navy: Two Already-Launched Type 31 Frigates to Be Modified for €160 Million (opex360.com)

• Five Type 31 frigates ordered in 2019 for £2 billion fixed price
• First two ships already launched, now to be modified for €160M
• Babcock International originally liable for overruns

"The Royal Navy is modifying its first two Type 31 (Arrowhead 140) frigates, already launched, at a cost of €160 million. The five-ship program was ordered in 2019 under a fixed-price contract worth £2 billion."