Developments
A construction contract for the three FAC was expected to be completed by the end of 2004. Industry sources indicate that the program remained in limbo until January 2005 due to significant numbers of technical questions that were posed by all parties. These issues were apparently resolved at a meeting in Alexandria in January 2005.
Phase I began in December 2005, when VT Halter Marine signed a USD 28.8M contract with the US Department of Defense to develop a functional design for a fast missile craft (FMC) for the Egyptian Navy. Under this phase, VT Halter Marine conducted analytical, design, engineering and model testing for the FMC. The effort included preparation for the integration of C4ISR as well as a combat system effectiveness study to validate the FMC system requirements. The first phase was completed in December 2006.
Phase II (following the successful completion of Phase I) began in September 2008 and is for the design and construction of the four new FAC (including option for the fourth unit). The total contract value is now estimated at USD 1.29B (including systems) for the four units. The four vessels will probably be complete by 2014. The US Naval Sea Systems Command (NAVSEA) is managing the program.
In May 2010, Egyptian Navy was in discussions concerning the procurement of two additional units (five and six). These units could begin around 2014.
Read more about this topic: Ambassador MK III Missile Boat
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