an official Request for Information (RFI) was sent to shipyards in December. Consequently, the Finnish Defence Forces signed a letter of intent with Rauma Marine Constructions for the construction of four vessels under the "Squadron 2020" program on 14 September 2016. The design stage is planned to continue until 2018 and the vessels will be built in 2019–2024. The projected cost of four vessels with a lifespan of at least 35 years is roughly 1.2 billion euro. The new vessels will be called the . On 5 May 2021 the Finnish Ministry of Defense announced that the Finnish Navy was to obtain four Kewatec Work 1920 vessels for delivery between 2022 and 2024. The deal included options for five additional vessels. The contract (including options) is valued 12.8 million Euros. Equipment Vessels Fast attack craft Four Hamina-class fast attack craft Four Rauma-class fast attack craft Mine warfare Two Hämeenmaa-class minelayers/escort ships Three Pansio-class minelayers (one undergoing renovation ) Three Katanpää-class mine countermeasure vessels Three Kuha-class minesweepers Six Kiiski-class minesweepers Coastal forces Coastal forces include both coastal infantry and the Marines (Coastal Jaegers) as well as the remnants of the coastal artillery units, which have moved from fixed and towed guns to truck-mounted and infantry-carried anti-ship missiles. The towed guns have been phased out as obsolete and all artillery-based coastal defences are to be retired in the near future. Spike-ER coastal missiles (infantry carried) MTO-85M anti-ship missiles, truck mounted (SAAB RBS-15SF) Coastal artillery with fixed turrets (130 53 TK) BOR-A 550 ground and coastal surveillance radar (GSR) The Euro-Spike coastal missile system was taken into use in 2005 at the Uusimaa Brigade and the older truck-mounted RBS-15 missiles have been complemented with new, upgraded RBS-15 Mk.3 (known as MTO-85M). Ranks Commissioned officer ranks The rank insignia of commissioned officers. Other ranks The rank insignia of non-commissioned officers and enlisted personnel. See also Finnish–Estonian defense cooperation References Finnish Defence Forces Website of The Finnish Defence Forces External links Finnish Navy website Finnish Navy in World War II Finnish Navy in the Winter War Submarine Vesikko