According to a press release published by Terma on June 28, 2021, the parties behind the Defense Agreement have decided to initiate a development project to pave the way for the acquisition of a number of new vessels for the Royal Danish Navy. It is this task that strong, Danish partners in the form of Odense Maritime Technology, Terma and PensionDanmark are ready to take on.
![]() |
| Iver-Huitfeldt class Niels Juel frigate (Picture source: Sea Forces) |

