TAIS Shipyards and Barzan Holding Sign $1 Billion Deal for Indonesian Frigates
Turkey's TAIS Shipyards has signed a $1 billion deal with Qatar's Barzan Holding to build two Istanbul-class frigates for the Indonesian Navy, enhancing its naval modernization efforts. The agreement, reached at DIMDEX 2026 in Doha, follows a preliminary accord from July and includes risk-sharing and financing arrangements. These advanced frigates, developed under Turkey's MİLGEM program, will replace the Yavuz-class frigates and feature cutting-edge systems like Roketsan's ATMACA missile.
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Turkey's TAIS Shipyards signed a $1 billion agreement with Qatar's Barzan Holding to construct two Istanbul-class frigates for the Indonesian Navy. The deal, signed at DIMDEX 2026 in Doha, follows a preliminary agreement with Indonesia in July.
This agreement involves risk-sharing and financing arrangements, supporting Indonesia's naval modernization efforts. The Istanbul-class frigates, developed under Turkey's MİLGEM program, are designed to replace the Yavuz-class frigates and feature advanced systems, including Roketsan's ATMACA missile and HAVELSAN's ADVENT system. The frigates will support various missions, enhancing Indonesia's maritime capabilities.
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