The AFM has commissioned world leader Austal to build the new 21.2m boats. This is the company's first European defence contract.
The vessels will be built at Austal's Australian shipyards and are scheduled for delivery by the end of the year. The vessels will have a maximum speed of more than 26 knots.
Addressing the press during a contract signing ceremony, Austal's managing director Bob Browning said the company was seeing increased interest from nations seeking fast and economical aluminium patrol boats for protection against modern-day coastal border security threats.
Austal was awarded the contract following an international tender process, which called for a proven design that addressed specific AFM requirements, as well as meeting a demanding delivery schedule.
Lieutenant Colonel Martin Sammut said the vessels will enhance border surveillance capabilities.
(Times of Malta)