Italy and Greece sign agreement for two naval vessels

September 30, 2025, by Fatima Bahtić

The National Armaments Directors of Italy and Greece have signed a preliminary agreement for the transfer to the Hellenic Navy, through Italian shipbuilder Fincantieri, of two naval units currently in service with the Italian Navy fleet.

The agreement, which was signed during the Seafuture exhibition in La Spezia, represents a significant step forward in cooperation between Italy and Greece. The final deal will also include a support package.

Furthermore, these two ships are expected to be replaced with new orders in the near future.

“Our state-of-the-art naval vessels represent a globally recognized platform of excellence and an extraordinary vehicle of geopolitical export. This preliminary agreement is further evidence of the international relevance of the Italian system in both militarily and industrially and confirms the importance and strategic strength of the partnership with the Italian Navy,” Pierroberto Folgiero, CEO and Managing Director of Fincantieri, commented.

To remind, Fincantieri recently signed a Memorandum of Understanding (MoU) with Polska Grupa Zbrojeniowa (PGZ) to collaborate in the naval defense sector.

Under the agreement, Fincantieri and PGZ will explore joint opportunities in the design, construction, and through-life support of advanced naval platforms, including submarines. Together, the two companies aim to develop joint opportunities not only for the Polish Navy but also in broader international markets.