German naval ambitions suffer setback as warship order axed (opens in new tab)

The multi-billion-euro project to build six new-generation frigates, set to be the biggest in the German navy, was being abandoned in favour of purchasing eight smaller warships, the defence ministry said. The ministry said in a statement that it had "decided not to pursue the construction of a total of six frigates of the F126 class any further. "This is a response to the considerable delays in the project, and the foreseeable cost increases." The move spells a setback for Europe's top econo...