MINDEF has signed a contract with Singapore Technologies Engineering Ltd (ST Engineering) for the detailed design and construction of six Multi-Role Combat Vessels (MRCVs) to replace the existing Victory-class Missile Corvettes (MCVs) in the Republic of Singapore Navy (RSN). The six MRCVs will be delivered progressively from 2028 onwards.

The MRCV employs key technologies such as configurable modular payloads and unmanned systems, allowing the vessel to function as a "mothership" for unmanned drones and vessels to conduct a range of missions from peace to war.

The MCVs have been serving with distinction since 1989 and will remain in operational service until the MRCVs are delivered and operationalised.