ACE OF THE AIR
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Like the OHP, Meastrales would only be a stopgap between paying of the 10 years older Type 21s and arrival of new ships. It would not be cost-effective to upgrade. It's that or no interim ship or soldiering on with Tpe 21 for another ? years..
I do agree that the Type 21's are due for replacement. OHP's were going to be the replacement. Present situation is that these ships are not arriving. PN was also considering that they might also procure the Turkish (OHP's) may be some time after 2016 but that is also not going to happen.
How I see it PN can:
1) Order an upgrade of the existing PNS Badr that is decommissioned and the others may follow.
2) Order 4 - 6 F22P without Turkish upgrades for the first 2 or 3.
3) Purchase the 2 active and 3 lined up Milgems now and order a few more later.
4) Purchase some older South Korean ships and later go for some JV (still this is a long shot)
5) Purchase the Meastrale and be stuck with them for some 15 or more years.
6) Russia may also be willing to get some sort of deal (still this is a long shot).
Options 2 and 3 can be done parallel as they can be produced in friendly countries and Pakistan, that way time can be saved. Though at this time almost all the facilities in Pakistan are occupied due to various projects.
How much more can be taken out of the Type 21's can not be ascertained due to lack of information.
Operating 1 OHP is not cost effective and more over it is still not fully upgraded it would be wise to replace this ASAP. The only option that PN could forsee is that they give this to Turkish Navy.