Naval Group further strengthens its partnership with the Greek industry

On 18th October 2022, on the Greek pavilion at Euronaval, Naval Group signed several contracts with Hellenic companies.

In a press release Naval Group stated the following:

These contracts further reinforce the relationship between Naval Group and its Greek partners and demonstrate the Group’s commitment to develop and structure a strong industrial cooperation with the Hellenic industry.

As part of the FDI frigates for the Hellenic Navy program, Naval Group designed a robust Hellenic Industrial Participation plan to develop new capacities in the Hellenic industry, sustaining highly qualified jobs and generating long-term economic spin-offs in Greece.

This commitment goes beyond the frigates program. Naval Group is committed to building strong and long-term partnerships to support the Hellenic Navy and to contribute in the development of the naval warfare capabilities of the Hellenic Industry.

5 Hellenic companies have signed contracts:

for the Platform: SALAMIS SHIPYARDS, MEVACO;

for the Combat System: AKMON, MAREL (via THEMYS, Naval Group’s original equipment manufacturer), and SIMON TECHNOLOGIES (via THEMYS).

Naval Group is particularly proud to announce that significant parts of the FDI, hull blocks, will be produced in Greece by SALAMIS SHIPYARDS.

In addition, Naval Group also signed 4 framework agreements with MILTECH, PRISMA, SCYTALYS and IDE INTRACOM paving the way to future contracts and long-term partnerships.

So far, Naval Group has signed about twenty contracts in total with fifteen Greek companies since the start of the FDI HN program in March 2022.

In addition, all qualified Greek companies will integrate Naval Group’s supply chain and have the possibility to participate to other programs and future international tenders, thus increasing their capabilities as well as their potential economic benefit and visibility on the worldwide naval market.

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