►Italy–Greece naval cooperation: Fincantieri at the core of the strategic agreement

29 september 2025

During the opening day of the Seafuture exhibition in La Spezia, the National Armaments Directors of Italy and Greece signed a preliminary agreement for the transfer to the Hellenic Navy, through Fincantieri, of two naval units currently in service with the Italian Navy fleet. The signing took place in the presence, among others, of the Italian Minister of Defence, Guido Crosetto, his Greek counterpart Nikos Dendias, and the Chief of Staff of the Italian Navy, Admiral Enrico Credendino.

The agreement represents a significant step forward in cooperation between Italy and Greece, while confirming the strategic value of the naval units built by Fincantieri, internationally recognized as an outstanding example of national military shipbuilding, and promoting collaboration, interoperability, and joint industrial development in the maritime domain.

The final agreement, subject to customary approvals, will also include a support package, which Fincantieri will be able to manage thanks to its know-how and proven expertise in after-sales services. Furthermore, these two ships are expected to be replaced with new orders in the near future.

Pierroberto Folgiero, CEO and Managing Director of Fincantieri, commented: “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. It also reiterates Fincantieri’s central role in strengthening industrial cooperation among allied countries and in supporting the international projection of Italian Defense, consolidating the Group’s position as a benchmark in European shipbuilding.”