yes, but the Fletcher class had 5 5inch guns instead of a single pop gun.
They're calling this thing a corvette. It has the displacement of a WWII destroyer. Today's Arleigh Burke class destroyers have the displacement of a WWII light cruiser (8000-10000 tons). Tomorrow's Zumwalt class destroyers have the displacement of a WWII heavy cruiser. There has been some serious hull inflation going on ... comparing armament isn't as simple as comparing bore diameter.