From Popular Mechanics:
The U.S. Navy Is Considering Un-Retiring a Bunch of Old Frigates
The U.S. Navy is "taking a hard look" at reactivating decommissioned frigates to help it reach its goal of 355 ships. The Oliver Hazard Perry-class guided missile frigates were retired in the 2000s in a cost-cutting move, but they could be returned to duty for another decade or more of service.
The Perry-class frigate was designed in the 1970s as an escort for U.S. Navy aircraft carriers. Although they weighed only 4,100 tons, the Perry frigates were excellent mixed-mission vessels. Their main weapon system was a Mark 13 guided missile launcher, capable of firing SM-1MR surface to air missiles and Harpoon anti-ship missiles and fed from a 40-round internal magazine. (Ironically this gave the frigates more potential anti-ship firepower than a modern U.S. Navy cruiser.) The frigates also wielded a single Italian-made 3-inch rapid-fire gun, six anti-submarine torpedo tubes, a Phalanx close-in weapon system for last-ditch defense, and carried a single SH-2 Seasprite or SH-60 helicopter.
All good, solid and upgradable weapons systems. What with North Korea acting stupid, we need to be able to operate on several fronts at once.
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