Philippine Navy (PN) chief vice admiral Giovanni Carlo Bacordo has confirmed that the service will receive three fast-attack interdictor craft missile (FAIC-M) boats next year.

The three boats are the first of eight FAIC-Ms being built by Israel Shipyards.

The Philippines News agency (PNA) reported that the deal is said to be worth around $503m (PHP10bn).

The confirmation comes after Israel Shipyards said it won a contract to supply Shaldag Mark V fast patrol boats to an undisclosed Asian country.

Bacordo was quoted by PNA as saying: “The FAIC-M will be deployed initially in the Mindanao AORs (area-of-responsibility) where there is continuous operations against LTGs (local terrorist groups) and CTGs (communist terrorist groups).

“These platforms are best suited operating in these environments to act as an effective deterrent not only against the terrorist groups but also against other lawless elements operating in the littoral areas.”

The FAIC-Ms are expected to replace the force of patrol killer medium (PKM) or medium-sized patrol craft operating with the service.

Four of the FAIC-Ms will be armed with Non-Line of Sight (NLOS) missiles with pinpoint accuracy and a range of 25km.

The remaining four will be armed with machine guns and light automatic cannons.

Bacordo said all documents with respect to the FAIC-M procurement project were signed earlier this year.

The FAIC Project contract was signed in February this year, while the ‘Notice to Proceed’ was signed by Secretary of National Defense Delfin Lorenzana (SND) last month.

The project comprises of two lots.

Lot 1 focuses on acquisition of the naval platforms and the upgrade of the Cavite Naval Shipyard while Lot 2 involves the acquisition of the weapons system of these FAIC-Ms which include remote-controlled gun and missile systems.