Ship Name: Maskirovka IPV-1 Corvette (Corvette)
Cost: 2.42 Million Credits

Speed: 300
Accel: Good
Turn: Average
Shields: 70
Armor: 30
Guns: Maximum of 5
Turrets: Maximum of 2
Space: 50 tons
Cargo: 60 tons
Fuel: 4 jumps
Length: 30 m
Mass: 135 tons
Crew: 37

Standard weapons:
     2 Missile Racks + 8 Missiles
     2 Laser Turrets
     1 Rocket Launcher + 4 Heavy Rockets
     1 Javelin Pod + 60 Javelin Rockets

My opinion:  The Corvette is an excellent ship at a great price.  It can hold plenty of weapons and buying a couple mass expansions won't hurt the cargo room at all.  Once again I recommend doing away with the bulky Rocket Launcher and stocking up on missles.  Buying five proton guns and two proton turrets will prove to be deadly to the enemy.  Buy a layer of Durasteel armor and a layer of Armaplast.  If you have room left over buy another javelin pod, it'll double your output of the rockets.  As an escort the Corvette is quite a treat; stronger than a Rapier and much more durable.  They're not too hard to capture with a Kestrel/Frigate/Destroyer/Cruiser, either.

Computer controled:  One of the more powerful ships you'll come accross, the Corvette is only used by pirates and local militia.  Avoid conflict with them unless you have a Kestrel or better.  A fully equipped Kestrel can make short work out of a Corvette; but once again, avoid close contact with Corvettes, they're armed with heavy rockets!