Norway is on the brink of a significant naval investment, as it considers building new frigates for the first time in 60 years.

The Vard shipyard in Tomrefjord is vying for the contract, emphasizing its connection with the American shipyard building frigates for the U.

S. Navy.

This partnership is backed by the Italian shipbuilding giant Fincantieri.

The Norwegian government, led by Defense Minister Bjørn Arild Gram and Finance Minister Trygve Slagsvold Vedum, is keen on ensuring that the construction of these vessels benefits the national shipbuilding industry.

The decision is strategic, aiming to maintain sovereignty over Norway's extensive coastline and protect vital energy resources in the North Sea.

The competition is fierce, with potential contenders from the UK, France, and the Netherlands.

The final decision will not only consider cost but also strategic alliances, with a focus on purchasing a proven design already in production.

The new frigates are expected to be operational by 2029, marking a major defense investment alongside the F-35 fighter jets.