What's Happening?
Rauma Marine Constructions has begun production of the third Pohjanmaa-class multi-role corvette for the Finnish Navy as part of the Squadron 2020 project. These high-performance corvettes are designed for the Baltic Sea's varying conditions, including ice operations. The project aims to strengthen national security and enhance Finland's naval capabilities, with the first corvette launched in May 2025 and the second at the hull assembly stage.
Why It's Important?
The production of multi-purpose corvettes is crucial for Finland's defense strategy, enhancing its maritime capabilities and security in the Baltic Sea region. The project involves significant employment impact and technological innovation, positioning Finland as a leader in icebreaker construction and naval defense. The corvettes' versatility and high ice-going capabilities make them candidates for export, potentially boosting Finland's defense industry.
AD
What's Next?
The Squadron 2020 project is scheduled to conclude in 2029, with potential for further development and export opportunities. The consortium formed with US-based Bollinger, Canadian Seaspan, and Finnish Aker Arctic aims to win icebreaker contracts from the United States, expanding Finland's defense industry reach.
