Greek companies line up to build military ships with French naval group

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Following the announcement of the purchase by the Greek government of frigates from France with the signing of a military pact, Greek companies approached the French naval group, which is building three new frigates for the Hellenic navy, in the hope joint performance of the contract. Greek media report.

According to the Kathimerini newspaper, “the precise cost of the three emblematic warships for Greece has not yet been communicated as this week’s signing concerns a memorandum of cooperation and not contracts, which remain under negotiation”. However, sources indicate that the price of the three ships will be in the order of 3 billion euros. This figure will include weapons systems (hence the memorandum signed in Paris incorporates the weapons manufacturer MBDA) and Follow-On Support for a period that has not yet been defined but which should last five years.

“Since Greece has long indicated that it wants part of the money intended to finance the Hellenic Navy’s shipbuilding program to flow back to the national economy, Naval Group has already analyzed the market. looking for potential partners.

“Its working group has already identified more than 100 companies, made contacts and exchanged information with more than 70 of them, including METKA, Space Hellas, Akmon, Stelma, Miltech, Prisma, Thales Hellas, Terra Spatium and Hydrus Engineering.

“Naval Group has rightly named this project the ‘Greek Industrial Participation Project’ and its working group for this purpose has been in Greece since May,” the French company said. “

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