Pearse Doherty (Donegal South West, Sinn Fein)
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Question 23: To ask the Minister for Defence the cost of procuring new naval vessels; and if he will make a statement on the matter. [6835/12]

Alan Shatter (Dublin South, Fine Gael)
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The contract price for the provision of two new offshore patrol vessels for the Naval Service is €99 million, exclusive of VAT and subject to contract terms and final agreed costs. The cost of providing a weapons system for the ships, similar to the systems on LE Róisín and LE Niamh, will be €7.8 million, exclusive of VAT. The contract for the two ships was placed with Babcock Marine in the UK in October 2010. Payments on the contract are scheduled over a period of eight years, between 2010 and 2017, and are being funded from within the annual Defence budget.

Question No. 24 answered with Question No. 13.