US defence-trade press
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Defense News · United States · Germany scraps its F126 frigate program, dealing Rheinmetall a naval setback
Reports Germany cancelling the F126 program after Dutch contractor Damen's delays and budget overruns pushed projected costs from roughly 10 billion to over 18 billion euros, pivoting to eight TKMS MEKO A-200 frigates and stripping Rheinmetall of an expected lead-contractor role.
“Germany scrapped the F126 frigate program after delays and cost overruns, opting for eight MEKO A-200 warships from TKMS instead.”