NEWS

Final bids for corvettes program submitted

Final bids for corvettes program submitted

The French and Italian representatives, who were in Athens this week, submitted their final bids for the Hellenic Navy’s corvette procurement program on Thursday. The price tag of the program is currently estimated at €1.5 billion and involves the construction of three ships with the option of adding a fourth.

This amount is for the construction of three ships. The French proposal concerns the Gowind 2500 while the Italian one is for the FCx30 Doha class.

Whichever of the two proposals goes ahead will be done through an intergovernmental agreement procedure. The French deal would entail Naval Group agreeing for production at Skaramanga Shipyards. Italy’s Fincantieri stipulates an agreement with Elefsis Shipyards and the Onex Group.

In both cases, if the contract is signed within 2023, the first corvette will be built locally (France or Italy) and delivered in 2025 and the rest will be made in Greece. 

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.