The Republic of the Philippines is getting a real bargain. In this age of $1.3 billion guided missile destroyers, the island nation is “buying” a used warship from South Korea for the bargain-basement price of just $100. The “new” warship will end up costing a lot more than a hundred dollar bill, but it’s still likely a welcome upgrade. The Chungju‘s second career will give the People’s Liberation Army Navy something to think about.
