As part of the collaboration with the local industrial ecosystem and the strengthening of cooperation between Italy and Greece, Fincantieri and Leonardo have signed a series of additional memorandum of understanding (MoU) with potential new Greek suppliers, laying the foundation for the definition of possible commercial relationships.
The event took place today in Elefsis, where Onex Elefsis Shipyards is located. This site would be the cornerstone of Fincantieri’s strategy if the Group, as a prime contractor, were to win the Greek Navy’s corvette program promoted by the Greek National Defense Ministry.
Thanks to today’s result, the involvement of the Greek industry continues, not only with respect to the corvette program. In fact, the Italian consortium composed of Fincantieri, Leonardo – as a system integrator for the Combat Management System and the main naval sensors, systems and artillery – MBDA Italy and Elettronica, is united in supporting the development of a comprehensive shipyard partner with advanced and reliable skills.
After those to start a possible supply chain in Greece, Fincantieri signed an agreement with ONEX Shipyards & Technologies Group for the creation of a production and maintenance line for corvettes throughout their life cycle, located at the Elefsis shipyards.
The agreement establishes the terms of collaboration for the construction of 2+1 state-of-the-art corvettes at the Onex Elefsis shipyards, along with the necessary updates, improvements, transfer of know-how and technology, equipment, estimated at around 80 million euros; it is expected to create 2,500 new direct and indirect jobs in the shipbuilding sector; it favors cooperation with multiple benefits for the Greek economy and the defense sector, which can be strengthened in view of future military and merchant shipbuilding programs. This agreement is an important step for the enhancement of national defense production. The know-how that will be acquired through the ONEX-Fincantieri collaboration, involving the entire Italian industrial ecosystem, will be a cornerstone for the development of competitive products capable of meeting the defense needs of various markets, further boosting the revival of Elefsis Shipyards.
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