Four Type 22 frigates are to be scrapped, returning less than £3m to the taxpayer, it has emerged.
The decommissioned ships HMS Cumberland, HMS Campbeltown and HMS Chatham have been sold to Turkish ship recycling company Leyal, the BBC reported.
HMS Cornwall has been sold to Swansea Drydocks.
The Ministry of Defence was reported to have sold the ships for just under £3m.
"We believe this deal represents value for money and a number of tenders were received both nationally and internationally," an MoD spokesman said.
"Certain aspects of the ships' equipment will be recycled for use on other vessels and we have tried to be as economical with the disposal as possible."
Source: defence management. 26 July 2013.