Defence Industry Presidency of the Turkish Republic has concluded the bidding process of Istanbul Class (İstif sinifi) frigates’ (6th, 7th and 8th ships of Milgem project) serial construction at the SSIK held in January 2023.
According to information obtained from numerous trustworthy sources, a new consortium made up of members of STM and TAIS (the latter of which is also a consortium made up of Sefine, Sedef, and Anadolu shipyards) won the tender. Two bidders were the top runners in terms of bid value and evaluation point.
By giving the project to a corporation that is partially state owned—STM—and that has experience on the platform and a financial assurance, it is intended to reduce the risks associated with management and finance, respectively. Additionally, STM performed significant contractor tasks for the F-515, Istanbul frigate and the Ada class corvettes during the contract and detail design phases as well as the construction phase. Additionally, STM is now working on building the Ukrainian Navy Corvette project at RMK Shipyard.
The planned workload is as follows:
STM will be in charge of planning the fitting out and associated purchases of components, dealing with suppliers, and generating and managing technical packages (which were initially required to be supplied at the winner). STM will continue to serve as the main contractor in this case.
The entire construction process will be owned by TAIS members, who will also be in charge of organising subcontractors, raw materials, and supplies. Simultaneous constructions are planned at each member shipyard by shift over a period of several months to ensure that subcontractors operate effectively.
Following the creation of a new consortium, a business that is partially controlled by STM and TAIS, a financial strategy has yet to be defined.