>The delay has far-reaching consequences for Damen Naval itself. According to reports, the company is in ‘acute financial distress’ as interim payments from the client, which are linked to deadlines and the achievement of milestones, have been suspended. This not only has an impact on the F126 project, but also on other major Damen orders, such as the anti-submarine frigates for the Netherlands and Belgium. A cancellation of the F126 project would not only mean significant financial losses in the billions, but also serious reputational damage for Damen Naval and potentially far-reaching consequences for the European defence industry.

>Legal and political challenges would arise if the project were to be cancelled. Depending on the contract, parts of the funds could be reclaimed, particularly if Damen fails to fulfil its contractual obligations. Relevant examples from the defence industry show that reclaims can result in lengthy international legal disputes. On the other hand, design plans, completed fuselage sections or equipment could, if appropriate and technically feasible, be adopted for other programmes (such as a modified F126/MEKO extension type). The production of two aft sections was started and partially completed in Wolgast.

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>>64002668
it's massive, but underarmed
imo a cancellation would be good
I'll post the part of the article about possible alternatives too