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[Applause] the upcoming induction of the BRP Miguel malvar into the Philippine Navyamp;#39;s Fleet represents a landmark achievement in the nationamp;#39;s quest to bolster its Naval capabilities this sophisticated Corvette can constructed by HD Hyundai heavy Industries epitomizes the Strategic advancements and modernization efforts the Philippine Navy has been relentlessly pursuing a pivotal feature of the BRP Miguel malvar is its vertical launch system VLS comprising 16 cells the decision to integrate 16 cells as opposed to a more expansive 24 cell configuration is grounded in a blend of strategic prudence and economic rationality this Choice aligns with the Navyamp;#39;s minimum operational requirements while ensuring a balance between capability and cost efficiency from a commercial standpoint the ship Builder is inclined to meet but not exceed these requirements optimizing the project within budgetary constraints the BRP Miguel malvar is part of the broader Corv